IDBI Pune Pune Maharashtra MICR CODE

Find MICR Codes for IDBI Pune Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	411259001
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	F. C. Road
Contact	020-5678383-484-585
Bank Details	Idbi Bank Ltd F. C. Road IBKL0000007

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411004
Country	IN
Address	Dynaneshwar paduka chowkfergusson college road

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 411259001 for F. C. Road 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 411259001 of IDBI Bank, F. C. Road branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for F. C. Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 89 branches of Idbi Bank Ltd are available with micr code -

MICR code for IDBI F. C. Road

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for F. C. Road 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. 411259001 is the MICR code of IDBI for F. C. Road branch. MICR code for F. C. Road 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 F. C. Road is presented in the table alongside.

Use of IDBI Bank MICR code for F. C. Road branch in pune

The MICR code 411259001 is used in RBI cheque clearing process to identify the branch F. C. Road 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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