Indian Bank Nuzvid Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Indian Bank Nuzvid Krishna Andhra Pradesh

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nuzvid
Contact 08656 232715
Bank Details Indian Bank Nuzvid IDIB000N070
Location Nuzvid, Krishna
City Nuzvid
District Krishna
State Andhra Pradesh
Pincode 521201
Country IN
Address 25/155 kothapet nuzvid 521201
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.

Search Indian Bank MICR Codes in krishna

You can search through MICR Codes of Andhra Pradesh branches in nuzvid of District krishna in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Nuzvid

How to find MICR codes for Indian Bank in nuzvid?

Indian Bank nuzvid MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indian Bank MICR codes list for nuzvid, one can further search by branch name specified in the table. You can find MICR codes for all Indian Bank nuzvid branches.

Indian Bank MICR code in nuzvid

Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indian Bank MICR code for nuzvid branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indian Bank branches in nuzvid, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indian Bank MICR code for nuzvid branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Bank nuzvid branch, sprinted 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. Thus MICR code for Indian Bank nuzvid branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indian Bank MICR codes for nuzvid branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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