Indian Bank Udupi Udupi Karnataka MICR CODE

Find MICR Codes for Indian Bank Udupi Udupi Karnataka

Bank
State
District
City
Branch
Address

MICR Code	576019006
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Udupi
Contact	0820 2526287
Bank Details	Indian Bank Udupi IDIB000U025

Location	Udupi, Udupi
City	Udupi
District	Udupi
State	Karnataka
Pincode	576101
Country	IN
Address	Udupi krishna arcade opp shankar vittal garage 576101

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 576019006 for Udupi 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 576019006 of Indian Bank, Udupi branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Udupi 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 -

>>Udupi

MICR code for Indian Bank Udupi

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 Udupi 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. 576019006 is the MICR code of Indian Bank for Udupi branch. MICR code for Udupi 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 Udupi is presented in the table alongside.

Use of Indian Bank MICR code for Udupi branch in udupi

The MICR code 576019006 is used in RBI cheque clearing process to identify the branch Udupi 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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