Indian Bank Periathachur Villupuram Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Periathachur Villupuram Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Periathachur
Contact 04146 230370
Bank Details Indian Bank Periathachur IDIB000P101
Location Periathachur, Villupuram
City Periathachur
District Villupuram
State Tamil Nadu
Pincode 605651
Country IN
Address 2/81 bank street periathachur 605651
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 605019083 for Periathachur 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 605019083 of Indian Bank, Periathachur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Periathachur 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 -

>>Periathachur

MICR code for Indian Bank Periathachur

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 Periathachur 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. 605019083 is the MICR code of Indian Bank for Periathachur branch. MICR code for Periathachur 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 Periathachur is presented in the table alongside.

Use of Indian Bank MICR code for Periathachur branch in periathachur

The MICR code 605019083 is used in RBI cheque clearing process to identify the branch Periathachur 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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