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IDBI Jamshedpur Purbi Singhbhum Jharkhand MICR CODE

Find MICR Codes for IDBI Jamshedpur Purbi Singhbhum Jharkhand

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jamshedpur (Corporate Banking Branch)
Contact Gagan Bihari Mahalik-09939576864
Bank Details Idbi Bank Ltd Jamshedpur (Corporate Banking Branch) IBKL0000383
Location Jamshedpur, Purbi Singhbhum
City Jamshedpur
District Purbi Singhbhum
State Jharkhand
Pincode 831001
Country IN
Address N. Road, kalyan kutir,opp. St. Mary's church,bistupur, jamshedpur pin : 831001 jharkhand
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 831259004 for Jamshedpur (Corporate Banking Branch) 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 831259004 of IDBI Bank, Jamshedpur (Corporate Banking Branch) branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Jamshedpur (Corporate Banking Branch) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Idbi Bank Ltd are available with micr code -

>>Haludbani Parsudih Branch >>Jamshedpur >>Jamshedpur (Corporate Banking Branch) >>Kadama >>Rac Jamshedpur >>Telco Ec

MICR code for IDBI Jamshedpur (Corporate Banking Branch)

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Jamshedpur (Corporate Banking Branch) 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. 831259004 is the MICR code of IDBI for Jamshedpur (Corporate Banking Branch) branch. MICR code for Jamshedpur (Corporate Banking Branch) 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 Jamshedpur (Corporate Banking Branch) is presented in the table alongside.

Use of IDBI Bank MICR code for Jamshedpur (Corporate Banking Branch) branch in jamshedpur

The MICR code 831259004 is used in RBI cheque clearing process to identify the branch Jamshedpur (Corporate Banking Branch) 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.