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Indian Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Indian Bank Ahmedabad Ahmedabad Gujarat

Bank
State
District
City
Branch
Address

MICR Code	380019005
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Paldi
Contact	079 2572978, 2577450
Bank Details	Indian Bank Paldi IDIB000P009

Location	Ahmedabad, Ahmedabad
City	Ahmedabad
District	Ahmedabad
State	Gujarat
Pincode	380007
Country	IN
Address	Mukhi corner p t college cross road, narayan nagar road, ahmedabad 380007

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 380019005 for Paldi 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 380019005 of Indian Bank, Paldi branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Paldi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of Indian Bank are available with micr code -

>>Ahmedabad Main >>Ashram Road >>Bhat >>Daxini Society >>Drive In Road >>Jasodha Nagar >>Maskati Market >>Mcb Ahmedabad >>Mcb Sardal Patel Nagar >>Naranpura >>Navrangpura >>New Naroda >>Paldi >>Prahladnagar >>Rto Circle >>S G Road (Ahmedabad) >>Sam Ahmedabad >>Thaltej >>Vatva

MICR code for Indian Bank Paldi

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 Paldi 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. 380019005 is the MICR code of Indian Bank for Paldi branch. MICR code for Paldi 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 Paldi is presented in the table alongside.

Use of Indian Bank MICR code for Paldi branch in ahmedabad

The MICR code 380019005 is used in RBI cheque clearing process to identify the branch Paldi 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.