Indian Bank Pondicherry Pondicherry Pondicherry MICR CODE

Find MICR Codes for Indian Bank Pondicherry Pondicherry Pondicherry

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Uppuvelur
Contact 04147-248224
Bank Details Indian Bank Uppuvelur IDIB000U027
Location Pondicherry, Pondicherry
City Pondicherry
District Pondicherry
State Pondicherry
Pincode 604154
Country IN
Address 3/99 perumal koil street uppuvelur pondicherry 604154
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 604019018 for Uppuvelur 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 604019018 of Indian Bank, Uppuvelur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Uppuvelur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank Uppuvelur

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 Uppuvelur 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. 604019018 is the MICR code of Indian Bank for Uppuvelur branch. MICR code for Uppuvelur 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 Uppuvelur is presented in the table alongside.

Use of Indian Bank MICR code for Uppuvelur branch in pondicherry

The MICR code 604019018 is used in RBI cheque clearing process to identify the branch Uppuvelur 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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