Indian Bank Thumbal Salem Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Thumbal Salem Tamil Nadu

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thumbal
Contact 04292 245541
Bank Details Indian Bank Thumbal IDIB000T073
Location Thumbal, Salem
City Thumbal
District Salem
State Tamil Nadu
Pincode 636114
Country IN
Address Salem main road thumbal (via valappady) salem 636114
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 636019068 for Thumbal 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 636019068 of Indian Bank, Thumbal branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Thumbal 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 -

>>Thumbal

MICR code for Indian Bank Thumbal

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 Thumbal 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. 636019068 is the MICR code of Indian Bank for Thumbal branch. MICR code for Thumbal 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 Thumbal is presented in the table alongside.

Use of Indian Bank MICR code for Thumbal branch in thumbal

The MICR code 636019068 is used in RBI cheque clearing process to identify the branch Thumbal 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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