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Indian Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Coimbatore Coimbotore Tamil Nadu

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Avinashilingam Deemed University Campus
Contact 0422 2432161
Bank Details Indian Bank Avinashilingam Deemed University Campus IDIB000A005
Location Coimbatore, Coimbotore
City Coimbatore
District Coimbotore
State Tamil Nadu
Pincode 641043
Country IN
Address 1117 mettupalayam road avinashilingam deemed university campus coimbatore 641043
MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimbatore Main
Contact 0422 2397758 0422 2397759
Bank Details Indian Bank Coimbatore Main IDIB000C031
Location Coimbatore, Coimbotore
City Coimbatore
District Coimbotore
State Tamil Nadu
Pincode 641001
Country IN
Address 31 variety hall road branch coimbatore
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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.

Search Indian Bank MICR Codes in coimbotore

You can search through MICR Codes of Tamil Nadu branches in coimbatore of District coimbotore in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for Indian Bank in coimbatore?

Indian Bank coimbatore MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indian Bank MICR codes list for coimbatore, one can further search by branch name specified in the table. You can find MICR codes for all Indian Bank coimbatore branches.

Indian Bank MICR code in coimbatore

Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indian Bank MICR code for coimbatore branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indian Bank branches in coimbatore, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indian Bank MICR code for coimbatore branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Bank coimbatore branch, sprinted 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. Thus MICR code for Indian Bank coimbatore branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indian Bank MICR codes for coimbatore branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!