Indian Bank Pondicherry Pondicherry Pondicherry MICR CODE

Find MICR Codes for Indian Bank Pondicherry Pondicherry Pondicherry

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MICR Code	605019008
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mudaliarpet
Contact	0413 2358897
Bank Details	Indian Bank Mudaliarpet IDIB000M054

Location	Pondicherry, Pondicherry
City	Pondicherry
District	Pondicherry
State	Pondicherry
Pincode	605004
Country	IN
Address	70, cuddalore road mudaliarpet pondicherry 605004

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 605019008 for Mudaliarpet 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 605019008 of Indian Bank, Mudaliarpet branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Mudaliarpet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Indian Bank are available with micr code -

>>Bussy Street Puducherry Town >>Hundred Feet Road >>Ind Retail Vertical Puducherry >>Kamaraj Salai >>Karayamputhur >>Koodapakkam >>Madukarai >>Microsate Branch Puducherry >>Mudaliarpet >>Pattur >>Pbgb Pondicherry >>Pondicherry Main >>Pondicherry University >>Pudukadai >>Reddiyarpalayam >>Uppuvelur

MICR code for Indian Bank Mudaliarpet

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 Mudaliarpet 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. 605019008 is the MICR code of Indian Bank for Mudaliarpet branch. MICR code for Mudaliarpet 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 Mudaliarpet is presented in the table alongside.

Use of Indian Bank MICR code for Mudaliarpet branch in pondicherry

The MICR code 605019008 is used in RBI cheque clearing process to identify the branch Mudaliarpet 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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