Indian Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Indian Bank Delhi Delhi New Delhi

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rohini Sector 24
Contact 9999388831
Bank Details Indian Bank Rohini Sector 24 IDIB000R087
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110085
Country IN
Address Plot no 97 rohini sector 24 pocket no 27 rohini sector 7 delhi - 110085
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 110019089 for Rohini Sector 24 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 110019089 of Indian Bank, Rohini Sector 24 branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Rohini Sector 24 branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank Rohini Sector 24

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 Rohini Sector 24 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. 110019089 is the MICR code of Indian Bank for Rohini Sector 24 branch. MICR code for Rohini Sector 24 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 Rohini Sector 24 is presented in the table alongside.

Use of Indian Bank MICR code for Rohini Sector 24 branch in delhi

The MICR code 110019089 is used in RBI cheque clearing process to identify the branch Rohini Sector 24 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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