Indian Bank Sultanpur Sultanpur Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Sultanpur Sultanpur Uttar Pradesh

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saifullah Ganj
Contact 9198399644
Bank Details Indian Bank Saifullah Ganj IDIB000S220
Location Sultanpur, Sultanpur
City Sultanpur
District Sultanpur
State Uttar Pradesh
Pincode 228001
Country IN
Address Ajamgarh road, saifulla ganj, sultanpur dist. Uttar pradesh
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 228019051 for Saifullah Ganj 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 228019051 of Indian Bank, Saifullah Ganj branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Saifullah Ganj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indian Bank are available with micr code -

>>Saifullah Ganj >>Sultanpur

MICR code for Indian Bank Saifullah Ganj

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 Saifullah Ganj 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. 228019051 is the MICR code of Indian Bank for Saifullah Ganj branch. MICR code for Saifullah Ganj 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 Saifullah Ganj is presented in the table alongside.

Use of Indian Bank MICR code for Saifullah Ganj branch in sultanpur

The MICR code 228019051 is used in RBI cheque clearing process to identify the branch Saifullah Ganj 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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