Indian Bank Godhra Panch Mahals Gujarat MICR CODE

Find MICR Codes for Indian Bank Godhra Panch Mahals Gujarat

Bank
State
District
City
Branch
Address

MICR Code	389019002
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sankli
Contact	9427503007
Bank Details	Indian Bank Sankli IDIB000S241

Location	Godhra, Panch Mahals
City	Godhra
District	Panch Mahals
State	Gujarat
Pincode	389001
Country	IN
Address	2 by 03 sankli simada falya sankli road sankli taluka godhra vadelav panchmahal gujarat

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 389019002 for Sankli 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 389019002 of Indian Bank, Sankli branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Sankli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Indian Bank are available with micr code -

>>Sankli

MICR code for Indian Bank Sankli

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 Sankli 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. 389019002 is the MICR code of Indian Bank for Sankli branch. MICR code for Sankli 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 Sankli is presented in the table alongside.

Use of Indian Bank MICR code for Sankli branch in godhra

The MICR code 389019002 is used in RBI cheque clearing process to identify the branch Sankli 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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