| MICR CODE | 571019003 |
|---|---|
| Bank | Indian Bank |
| Branch | Nagavalli |
| IFSC Code | IFSC Code Indian Bank |
| Address | No 1 & 2 B R Hills Main Road Nagavalli Post And Village Nagavalli 571342 |
| City | Chandakavady |
| State | Karnataka |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).