Indian Bank Pathankot Gurdaspur Punjab MICR CODE

Find MICR Codes for Indian Bank Pathankot Gurdaspur Punjab

Bank
State
District
City
Branch
Address

MICR Code	145019002
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pathankot
Contact	0186 2231622
Bank Details	Indian Bank Pathankot IDIB000P158

Location	Pathankot, Gurdaspur
City	Pathankot
District	Gurdaspur
State	Punjab
Pincode	145001
Country	IN
Address	138, ramlila ground dalhousie road pathankot-145001

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 145019002 for Pathankot 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 145019002 of Indian Bank, Pathankot branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Pathankot 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 -

>>Pathankot

MICR code for Indian Bank Pathankot

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 Pathankot 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. 145019002 is the MICR code of Indian Bank for Pathankot branch. MICR code for Pathankot 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 Pathankot is presented in the table alongside.

Use of Indian Bank MICR code for Pathankot branch in pathankot

The MICR code 145019002 is used in RBI cheque clearing process to identify the branch Pathankot 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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