Indian Bank Neravy Karaikal Pondicherry MICR CODE

Find MICR Codes for Indian Bank Neravy Karaikal Pondicherry

Bank
State
District
City
Branch
Address

MICR Code	609019010
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Neravy
Contact	04368 238476
Bank Details	Indian Bank Neravy IDIB000N045

Location	Neravy, Karaikal
City	Neravy
District	Karaikal
State	Pondicherry
Pincode	609604
Country	IN
Address	1 east king street neravy karaikkal 609604

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 609019010 for Neravy 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 609019010 of Indian Bank, Neravy branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Neravy 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 -

>>Neravy

MICR code for Indian Bank Neravy

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 Neravy 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. 609019010 is the MICR code of Indian Bank for Neravy branch. MICR code for Neravy 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 Neravy is presented in the table alongside.

Use of Indian Bank MICR code for Neravy branch in neravy

The MICR code 609019010 is used in RBI cheque clearing process to identify the branch Neravy 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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