INDIAN BANK, Ratlam

MICR Codes for other Branches of Indian Bank In "Ratlam"

MICR Code for INDIAN BANKMadhya Pradesh

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-457019002

457019002 the MICR code of INDIAN BANK,RatlamMadhya Pradesh.

• The first 3 characters, i.e. 457 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. 002 depicts theRatlam ofRatlam.

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