IDBI Jammu Jammu Jammu And Kashmir MICR CODE

Find MICR Codes for IDBI Jammu Jammu Jammu And Kashmir

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Janipur
Contact 9018473344
Bank Details Idbi Bank Ltd Janipur IBKL0002034
Location Jammu, Jammu
City Jammu
District Jammu
State Jammu And Kashmir
Pincode 180007
Country IN
Address Gunjan plaza,disco road,janipur,jammu
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 180259004 for Janipur 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 180259004 of IDBI Bank, Janipur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Janipur 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 -

>>Jammu Main Branch >>Janipur

MICR code for IDBI Janipur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Janipur 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. 180259004 is the MICR code of IDBI for Janipur branch. MICR code for Janipur 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 Janipur is presented in the table alongside.

Use of IDBI Bank MICR code for Janipur branch in jammu

The MICR code 180259004 is used in RBI cheque clearing process to identify the branch Janipur 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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