IDBI Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for IDBI Allahabad Allahabad Uttar Pradesh

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch George Town Allahabad
Contact 532246112
Bank Details Idbi Bank Ltd George Town Allahabad IBKL0001267
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211002
Country IN
Address 109/2 j.l.n. Road george town allahabad u p pin 211002
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 211259004 for George Town Allahabad 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 211259004 of IDBI Bank, George Town Allahabad branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for George Town Allahabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Idbi Bank Ltd are available with micr code -

>>Allahabad >>Allahabad 1029 >>George Town Allahabad

MICR code for IDBI George Town Allahabad

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for George Town Allahabad 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. 211259004 is the MICR code of IDBI for George Town Allahabad branch. MICR code for George Town Allahabad 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 George Town Allahabad is presented in the table alongside.

Use of IDBI Bank MICR code for George Town Allahabad branch in allahabad

The MICR code 211259004 is used in RBI cheque clearing process to identify the branch George Town Allahabad 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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