IDBI Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for IDBI Kolhapur Kolhapur Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	416259008
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	Kolhapur Rajarampuri
Contact	0231-2521882
Bank Details	Idbi Bank Ltd Kolhapur Rajarampuri IBKL0000615

Location	Kolhapur, Kolhapur
City	Kolhapur
District	Kolhapur
State	Maharashtra
Pincode	416008
Country	IN
Address	1763, 'e', rajarampuri,, 4th lane, rajarampuri,, kolhapur, pincode - 416008

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 416259008 for Kolhapur Rajarampuri 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 416259008 of IDBI Bank, Kolhapur Rajarampuri branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kolhapur Rajarampuri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 31 branches of Idbi Bank Ltd are available with micr code -

>>Hupari Branch >>Hutatma Shahkari Bank Ltd Walwa >>Jawahar Coop Bank Ltd Assembly Road >>Kolhapur >>Kolhapur >>Kolhapur >>Kolhapur >>Kolhapur Afb >>Kolhapur District Central Co Op. Bank Ltd. >>Kolhapur Khari Corner >>Kolhapur Kmc Extn Counter >>Kolhapur M Road >>Kolhapur Rajarampuri >>Kolhapur S C >>Kolhapur Service Branch >>Kolhapur Shahupuri >>Kolhapur Shivaji Univercity >>Kolhapur Tarabaipark >>Kumbhi Kasari Sahakari Bank Ltd Rankalwesh Br. >>Radhanagari >>Rajarshi Shahu Goverment Servants Co Operative Bank Ltd >>Retail Asset Kolhapur >>Sane Guruji Vasahat Branch >>Shripatraodada Sahakari Bank Ltd. Assembly Road >>State Transport Bank Kolhapur >>The Kodoli Urban Coop Bank Ltd >>The Prathamik Shikshak Sahakari Bank Ltd. Kolhapur >>The Vita Merchant Coop Bank Ltd Assembly Road >>Valiwade >>Vishwanathrao Patil Murgud Sahakari Bank Assembly Road >>Warange

MICR code for IDBI Kolhapur Rajarampuri

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kolhapur Rajarampuri 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. 416259008 is the MICR code of IDBI for Kolhapur Rajarampuri branch. MICR code for Kolhapur Rajarampuri 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 Kolhapur Rajarampuri is presented in the table alongside.

Use of IDBI Bank MICR code for Kolhapur Rajarampuri branch in kolhapur

The MICR code 416259008 is used in RBI cheque clearing process to identify the branch Kolhapur Rajarampuri 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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