Indian Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Indian Bank Delhi New Delhi New Delhi

Bank
State
District
City
Branch
Address

MICR Code	110019014
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shantiniketan
Contact	011 24670390
Bank Details	Indian Bank Shantiniketan IDIB000S017

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110021
Country	IN
Address	Dda market shantiniketan delhi 110021

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 110019014 for Shantiniketan 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 110019014 of Indian Bank, Shantiniketan branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Shantiniketan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 37 branches of Indian Bank are available with micr code -

>>Anand Vihar >>Ashok Vihar >>Chandni Chowk >>D B Gupta Road >>Defence Colony >>Dwaraka >>Greater Kailash >>Hauz Khas >>Jamia Milia Islamia >>Janakpuri >>Jasola >>Karol Bagh >>Kashmere Gate >>Kirti Nagar >>Mayur Vihar >>Mehrauli Inst Area >>Microsate Delhi >>Nehru Place (Delhi) >>New Delhi Main >>Pitampura >>Preet Vihar >>Punjabi Bagh >>R P Bagh >>Rajouri Garden >>Rani Bagh >>Rohini >>S D Enclave >>S F S School (Delhi) >>Saket >>Shahdra >>Shalimar Bagh >>Shantiniketan >>Soth Extension (Delhi) >>Tihar Jail Branch >>Tilak Nagar >>Vikaspuri >>West Patel Nagar

MICR code for Indian Bank Shantiniketan

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 Shantiniketan 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. 110019014 is the MICR code of Indian Bank for Shantiniketan branch. MICR code for Shantiniketan 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 Shantiniketan is presented in the table alongside.

Use of Indian Bank MICR code for Shantiniketan branch in delhi

The MICR code 110019014 is used in RBI cheque clearing process to identify the branch Shantiniketan 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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