IDBI Kanpur Kanpur City Uttar Pradesh MICR CODE

Find MICR Codes for IDBI Kanpur Kanpur City Uttar Pradesh

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basant Vihar Kanpur
Contact 9889736360
Bank Details Idbi Bank Ltd Basant Vihar Kanpur IBKL0001268
Location Kanpur, Kanpur City
City Kanpur
District Kanpur City
State Uttar Pradesh
Pincode 208021
Country IN
Address Idbi bank ltd. 1191-a-w2, near naubasta thana, basant vihar, kanpur - pin : 208021
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 208259006 for Basant Vihar Kanpur 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 208259006 of IDBI Bank, Basant Vihar Kanpur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Basant Vihar Kanpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Idbi Bank Ltd are available with micr code -

>>Basant Vihar Kanpur >>Csau >>Mcg Kanpur >>Retail Assets Centre Sol 8018

MICR code for IDBI Basant Vihar Kanpur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Basant Vihar Kanpur 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. 208259006 is the MICR code of IDBI for Basant Vihar Kanpur branch. MICR code for Basant Vihar Kanpur 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 Basant Vihar Kanpur is presented in the table alongside.

Use of IDBI Bank MICR code for Basant Vihar Kanpur branch in kanpur

The MICR code 208259006 is used in RBI cheque clearing process to identify the branch Basant Vihar Kanpur 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.

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