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IDBI Patna Patna Bihar MICR CODE

Find MICR Codes for IDBI Patna Patna Bihar

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ccu Patna
Contact 0612-6690710,12,14,17,18
Bank Details Idbi Bank Ltd Ccu Patna IBKL0000949
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Ccu patna,third floor,kashi place complex, dak bungalow road,opposite heera palace,patna,pin-800001,bihar
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 800259001 for Ccu Patna 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 800259001 of IDBI Bank, Ccu Patna branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Ccu Patna branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Ccu Patna

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Ccu Patna 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. 800259001 is the MICR code of IDBI for Ccu Patna branch. MICR code for Ccu Patna 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 Ccu Patna is presented in the table alongside.

Use of IDBI Bank MICR code for Ccu Patna branch in patna

The MICR code 800259001 is used in RBI cheque clearing process to identify the branch Ccu Patna 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.