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Indian Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Indian Bank Surat Surat Gujarat

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salabatpura
Contact 9461485993
Bank Details Indian Bank Salabatpura IDIB000S295
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode
Country IN
Address Shop no. 4 ground floor, trade house ring road salabatpura
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 395019011 for Salabatpura 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 395019011 of Indian Bank, Salabatpura branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Salabatpura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Indian Bank are available with micr code -

>>Adajan >>Athwalines >>Bhatar >>Ind Msme Surat >>Katargam >>Nana Varacha >>New Adajan >>Parvat Patia >>Salabatpura >>Surat >>Surat Bombay Market >>Surat Nanpura Main Branch >>Varachha

MICR code for Indian Bank Salabatpura

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 Salabatpura 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. 395019011 is the MICR code of Indian Bank for Salabatpura branch. MICR code for Salabatpura 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 Salabatpura is presented in the table alongside.

Use of Indian Bank MICR code for Salabatpura branch in surat

The MICR code 395019011 is used in RBI cheque clearing process to identify the branch Salabatpura 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.