IDBI Pmjng Chh.Sambhajinagar Maharashtra MICR CODE

Find MICR Codes for IDBI Pmjng Chh.Sambhajinagar Maharashtra

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Garkheda Chh.Sambhajinagar
Contact 240-9228710730
Bank Details Idbi Bank Ltd Garkheda Chh.Sambhajinagar IBKL0002459
Location Pmjng, Chh.Sambhajinagar
City Pmjng
District Chh.Sambhajinagar
State Maharashtra
Pincode 431009
Country IN
Address Garkheda ground floor, plot no 8 and plot no 9, cts no 15841/190, laxminagar, shivaji nagar road, garkheda chh sambhajinagar, pincode 431009 maharashtra
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 0 for Garkheda Chh.Sambhajinagar 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 0 of IDBI Bank, Garkheda Chh.Sambhajinagar branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Garkheda Chh.Sambhajinagar 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 -

>>Garkheda Chh.Sambhajinagar

MICR code for IDBI Garkheda Chh.Sambhajinagar

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Garkheda Chh.Sambhajinagar 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. 0 is the MICR code of IDBI for Garkheda Chh.Sambhajinagar branch. MICR code for Garkheda Chh.Sambhajinagar 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 Garkheda Chh.Sambhajinagar is presented in the table alongside.

Use of IDBI Bank MICR code for Garkheda Chh.Sambhajinagar branch in pmjng

The MICR code 0 is used in RBI cheque clearing process to identify the branch Garkheda Chh.Sambhajinagar 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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