INDIAN BANK, Phase V,mohali, Sas Nagarmohali

MICR Code:160019017

Branch:Phase V,mohali

Address:Scf, 63phase Vmohali S A S Nagar,punjab-160059

Zip:160059

City:Sas Nagarmohali

District:Rupnagar

State:Punjab

MICR Codes for other Branches of Indian Bank In "Sas Nagarmohali"

MICR Code for INDIAN BANKPunjab

The MICR code for a INDIAN BANK is a machine readable code that is used for processing and clearance of cheques. The code helps to identify the bank branch to which the cheque belongs. It is used when cheque goes for clearing, where the magnetic reader reads the code and it gets sorted automatically. This code speeds up the clearance process.

The MICR code for INDIAN BANK is printed on the bottom of every cheque leaf of the INDIAN BANK.

Decoding-160019017

160019017 the MICR code of INDIAN BANK,Phase V,mohaliPunjab.

  • The first 3 characters, i.e. 160 is the first three characters of PIN (Postal Index Number)
  • The next three characters, i.e. 019 depicts the bank number of INDIAN BANK
  • The last three charters, i.e. 017 depicts thePhase V,mohali ofSas Nagarmohali.