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Indian Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Indian Bank Surat Surat Gujarat

Bank
State
District
City
Branch
Address

MICR Code	395019012
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Varachha
Contact	2612559384
Bank Details	Indian Bank Varachha IDIB000V150

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode
Country	IN
Address	801-a ground floor, mohan nagar bldg,nr. Jeevan dhara hotel geetanjali chok,varachha road

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 395019012 for Varachha 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 395019012 of Indian Bank, Varachha branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Varachha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Indian Bank are available with micr code -

>>Adajan >>Athwalines >>Bhatar >>Ind Msme Surat >>Katargam >>Nana Varacha >>New Adajan >>Parvat Patia >>Salabatpura >>Surat >>Surat Bombay Market >>Surat Nanpura Main Branch >>Varachha

MICR code for Indian Bank Varachha

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 Varachha 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. 395019012 is the MICR code of Indian Bank for Varachha branch. MICR code for Varachha 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 Varachha is presented in the table alongside.

Use of Indian Bank MICR code for Varachha branch in surat

The MICR code 395019012 is used in RBI cheque clearing process to identify the branch Varachha 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.