Indian Bank Nagore Nagapattinam Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Nagore Nagapattinam Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	611019006
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nagore
Contact	04365 250109
Bank Details	Indian Bank Nagore IDIB000N077

Location	Nagore, Nagapattinam
City	Nagore
District	Nagapattinam
State	Tamil Nadu
Pincode	611002
Country	IN
Address	385 main road nagore 611002

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 611019006 for Nagore 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 611019006 of Indian Bank, Nagore branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Nagore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indian Bank are available with micr code -

>>Melavanjore >>Nagore

MICR code for Indian Bank Nagore

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 Nagore 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. 611019006 is the MICR code of Indian Bank for Nagore branch. MICR code for Nagore 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 Nagore is presented in the table alongside.

Use of Indian Bank MICR code for Nagore branch in nagore

The MICR code 611019006 is used in RBI cheque clearing process to identify the branch Nagore 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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