Indian Bank Turaiyur Tiruchirapalli Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Turaiyur Tiruchirapalli Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	620019042
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vengaimandalam
Contact	235221
Bank Details	Indian Bank Vengaimandalam IDIB000V141

Location	Turaiyur, Tiruchirapalli
City	Turaiyur
District	Tiruchirapalli
State	Tamil Nadu
Pincode	621006
Country	IN
Address	1/128, main raod, vengaimandalam, moovanur post, musiri taluk, trichy dist, tamilnadu, pin-621006

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 620019042 for Vengaimandalam 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 620019042 of Indian Bank, Vengaimandalam branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Vengaimandalam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indian Bank are available with micr code -

>>Thuraiyur >>Vengaimandalam

MICR code for Indian Bank Vengaimandalam

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 Vengaimandalam 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. 620019042 is the MICR code of Indian Bank for Vengaimandalam branch. MICR code for Vengaimandalam 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 Vengaimandalam is presented in the table alongside.

Use of Indian Bank MICR code for Vengaimandalam branch in turaiyur

The MICR code 620019042 is used in RBI cheque clearing process to identify the branch Vengaimandalam 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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