IDBI Churachandpur Churachandpur Manipur MICR CODE

Find MICR Codes for IDBI Churachandpur Churachandpur Manipur

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Churachandpur
Contact 8415902783
Bank Details Idbi Bank Ltd Churachandpur IBKL0002126
Location Churachandpur, Churachandpur
City Churachandpur
District Churachandpur
State Manipur
Pincode 795128
Country IN
Address Thangzam road,new bazar,hill town,ccpurhq,pin -795128
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 795259302 for Churachandpur 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 795259302 of IDBI Bank, Churachandpur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Churachandpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Churachandpur

MICR code for IDBI Churachandpur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Churachandpur 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. 795259302 is the MICR code of IDBI for Churachandpur branch. MICR code for Churachandpur 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 Churachandpur is presented in the table alongside.

Use of IDBI Bank MICR code for Churachandpur branch in churachandpur

The MICR code 795259302 is used in RBI cheque clearing process to identify the branch Churachandpur 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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