MICR Code Bank
Find MICR code for Indian Bank S G Road branches in India for NEFT and RTGS transfer

Indian Bank S G Road MICR CODE

Find MICR Codes for Indian Bank S G Road

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  1. Indian Bank »
  2. Gujarat »
  3. ahmedabad »
  4. ahmedabad »
  5. s g road (ahmedabad)

Find MICR Codes for Indian Bank S G Road

MICR Code: 380019012
Bank: Indian Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: S G Road (Ahmedabad)
Contact: 079-26871482
Bank Details: Indian Bank S G Road (Ahmedabad) IDIB000S156
Location: Ahmedabad, Ahmedabad
City: Ahmedabad
District: Ahmedabad
State: Gujarat
Pincode: 380015
Country: IN
Address: Krishna complex, off. S g road, opp. Devashis school, bodakdev, ahmedabad – 380015

How does MICR code for s g road 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 of Indian Bank, s g road branch makes the system almost error free and faster. Use of Indian Bank MICR codes for s g road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank s g road

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 s g road 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. is the MICR code of Indian Bank for s g road branch. MICR code for s g road 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 s g road is presented in the table alongside.

Use of Indian Bank MICR code for s g road branch in ahmedabad

The MICR code is used in RBI cheque clearing process to identify the branch s g road 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.