IDBI Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for IDBI Allahabad Allahabad Uttar Pradesh

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Allahabad
Contact 0532-6451901(Bh), 6451902, 2401472
Bank Details Idbi Bank Ltd Allahabad IBKL0000199
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211001
Country IN
Address Jeevan prakash-lic building, 172 a/40, m.g.marg,civil lines,allahabadallahabaduttar pradeshnorthallahabad211001
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 211259002 for Allahabad 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 211259002 of IDBI Bank, Allahabad branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Allahabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Idbi Bank Ltd are available with micr code -

>>Allahabad >>Allahabad 1029 >>George Town Allahabad

MICR code for IDBI Allahabad

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Allahabad 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. 211259002 is the MICR code of IDBI for Allahabad branch. MICR code for Allahabad 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 IDBI Bank Allahabad is presented in the table alongside.

Use of IDBI Bank MICR code for Allahabad branch in allahabad

The MICR code 211259002 is used in RBI cheque clearing process to identify the branch Allahabad and IDBI 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 IDBI is typically in either of these two font’s: E-138 and CMC-7.

Copied!