Indian Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Salem Salem Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	636655002
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Plgb Salem
Contact
Bank Details	Indian Bank Plgb Salem IDIB0PLB001

Location	Salem, Salem
City	Salem
District	Salem
State	Tamil Nadu
Pincode	636007
Country	IN
Address	6, yercaud road, hastampatti, salem 636 007

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 636655002 for Plgb Salem 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 636655002 of Indian Bank, Plgb Salem branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Plgb Salem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Indian Bank are available with micr code -

>>Fairlands Main Road >>Gugai >>Ind Msme Salem >>Ind Retail Processing Centre Salem >>Jarikondalampatti >>Microsate Branch Salem >>Naal Road >>Periyaseeragapadi >>Plgb Salem >>Rapc Salem >>Salem >>Salem Fort >>Salem Junction >>Salem Main >>Seelanaickenpatti >>Shevapet >>Sivadhapuram

MICR code for Indian Bank Plgb Salem

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 Plgb Salem 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. 636655002 is the MICR code of Indian Bank for Plgb Salem branch. MICR code for Plgb Salem 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 Plgb Salem is presented in the table alongside.

Use of Indian Bank MICR code for Plgb Salem branch in salem

The MICR code 636655002 is used in RBI cheque clearing process to identify the branch Plgb Salem 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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