IDBI Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for IDBI Bangalore Bangalore Karnataka

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hsr Layout Branch Bangalore
Contact Rajaram Kalal (Bh) Mob - 9886784010
Bank Details Idbi Bank Ltd Hsr Layout Branch Bangalore IBKL0000896
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560102
Country IN
Address No 424, 7 hills, 27th main, 10th cross, 1st sector, hsr layout bangalore - 560102
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 560259017 for Hsr Layout Branch Bangalore 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 560259017 of IDBI Bank, Hsr Layout Branch Bangalore branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Hsr Layout Branch Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Idbi Bank Ltd are available with micr code -

>>Dollars Colony >>Hsr Layout Branch Bangalore

MICR code for IDBI Hsr Layout Branch Bangalore

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Hsr Layout Branch Bangalore 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. 560259017 is the MICR code of IDBI for Hsr Layout Branch Bangalore branch. MICR code for Hsr Layout Branch Bangalore 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 Hsr Layout Branch Bangalore is presented in the table alongside.

Use of IDBI Bank MICR code for Hsr Layout Branch Bangalore branch in bangalore

The MICR code 560259017 is used in RBI cheque clearing process to identify the branch Hsr Layout Branch Bangalore 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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