IDBI Kalol Gandhinagar Gujarat MICR CODE

Find MICR Codes for IDBI Kalol Gandhinagar Gujarat

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MICR Code	380259017
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kalol Ng
Contact	91-9998944924
Bank Details	Idbi Bank Ltd Kalol Ng IBKL0001282

Location	Kalol, Gandhinagar
City	Kalol
District	Gandhinagar
State	Gujarat
Pincode	382721
Country	IN
Address	Shop no. 7, 8, 9, 15, 16, 17, ground floor, citi , mall -ii , nav jivan mill compound, kalol-382721

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 380259017 for Kalol Ng 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 380259017 of IDBI Bank, Kalol Ng branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kalol Ng 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 -

>>Kalol Ng >>The Kalol Nagarik Sahakari Bank Ltd.

MICR code for IDBI Kalol Ng

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kalol Ng 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. 380259017 is the MICR code of IDBI for Kalol Ng branch. MICR code for Kalol Ng 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 Kalol Ng is presented in the table alongside.

Use of IDBI Bank MICR code for Kalol Ng branch in kalol

The MICR code 380259017 is used in RBI cheque clearing process to identify the branch Kalol Ng 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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