Indian Bank Chitoor Kuppam Andhra Pradesh MICR CODE

Find MICR Codes for Indian Bank Chitoor Kuppam Andhra Pradesh

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Microsate Kuppam
Contact 8570-9632720740
Bank Details Indian Bank Microsate Kuppam IDIB000M435
Location Chitoor, Kuppam
City Chitoor
District Kuppam
State Andhra Pradesh
Pincode 517425
Country IN
Address D - no - 8 - 287/4, beside apsrtc bus depot, rtc depot road, kuppam, district - chitoor, andhrapradesh, pin - 517425
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Microsate Kuppam branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Indian Bank, Microsate Kuppam branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Microsate Kuppam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Indian Bank are available with micr code -

>>Microsate Kuppam

MICR code for Indian Bank Microsate Kuppam

Indian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Indian Bank MICR code for Microsate Kuppam is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Indian Bank for Microsate Kuppam branch. MICR code for Microsate Kuppam branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Indian Bank Microsate Kuppam is presented in the table alongside.

Use of Indian Bank MICR code for Microsate Kuppam branch in chitoor

The MICR code 0 is used in RBI cheque clearing process to identify the branch Microsate Kuppam and Indian Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Indian Bank is typically in either of these two font’s: E-138 and CMC-7.

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