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Indian Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Indian Bank Surat Surat Gujarat

Bank
State
District
City
Branch
Address

MICR Code	395019010
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Parvat Patia
Contact	9558303876
Bank Details	Indian Bank Parvat Patia IDIB000P252

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395101
Country	IN
Address	Ground floor 9-10, times square, near vakil wadi, surat kadodara road, parvat patiya, surat dist, gujarat, pin-395010

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 395019010 for Parvat Patia 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 395019010 of Indian Bank, Parvat Patia branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Parvat Patia branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Indian Bank are available with micr code -

>>Adajan >>Athwalines >>Bhatar >>Ind Msme Surat >>Katargam >>Nana Varacha >>New Adajan >>Parvat Patia >>Salabatpura >>Surat >>Surat Bombay Market >>Surat Nanpura Main Branch >>Varachha

MICR code for Indian Bank Parvat Patia

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 Parvat Patia 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. 395019010 is the MICR code of Indian Bank for Parvat Patia branch. MICR code for Parvat Patia 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 Parvat Patia is presented in the table alongside.

Use of Indian Bank MICR code for Parvat Patia branch in surat

The MICR code 395019010 is used in RBI cheque clearing process to identify the branch Parvat Patia 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.