Indian Bank Kunnam Perambalur Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Kunnam Perambalur Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	621019305
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sithali
Contact	8939640997
Bank Details	Indian Bank Sithali IDIB000S226

Location	Kunnam, Perambalur
City	Kunnam
District	Perambalur
State	Tamil Nadu
Pincode	621708
Country	IN
Address	1/155, north street, sithali (po), kunnam (taluk), perambalur dist, tamil nadu, pin - 621708

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 621019305 for Sithali 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 621019305 of Indian Bank, Sithali branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Sithali 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 -

>>Sithali

MICR code for Indian Bank Sithali

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 Sithali 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. 621019305 is the MICR code of Indian Bank for Sithali branch. MICR code for Sithali 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 Sithali is presented in the table alongside.

Use of Indian Bank MICR code for Sithali branch in kunnam

The MICR code 621019305 is used in RBI cheque clearing process to identify the branch Sithali 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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