Indian Bank Vakkadai Tiruvannamalai Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Vakkadai Tiruvannamalai Tamil Nadu

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vakkadai
Contact 04182 246233
Bank Details Indian Bank Vakkadai IDIB000V004
Location Vakkadai, Tiruvannamalai
City Vakkadai
District Tiruvannamalai
State Tamil Nadu
Pincode 604407
Country IN
Address Thiruvallur street vakkadai tiruvannamalai 604407
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 604019095 for Vakkadai 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 604019095 of Indian Bank, Vakkadai branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Vakkadai 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 -

>>Vakkadai

MICR code for Indian Bank Vakkadai

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 Vakkadai 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. 604019095 is the MICR code of Indian Bank for Vakkadai branch. MICR code for Vakkadai 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 Vakkadai is presented in the table alongside.

Use of Indian Bank MICR code for Vakkadai branch in vakkadai

The MICR code 604019095 is used in RBI cheque clearing process to identify the branch Vakkadai 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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