IDBI Ramanujganj Surguja Chhattisgarh MICR CODE

Find MICR Codes for IDBI Ramanujganj Surguja Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	497259502
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	Ramanujganj
Contact	9993527983
Bank Details	Idbi Bank Ltd Ramanujganj IBKL0001239

Location	Ramanujganj, Surguja
City	Ramanujganj
District	Surguja
State	Chhattisgarh
Pincode	496220
Country	IN
Address	Kavita complex, at/po-ramanujganj, ward no-6, in front of judge bunglow, ramanujganj, dist-ramanujganj, pin-496220, chhattisgarh

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 497259502 for Ramanujganj 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 497259502 of IDBI Bank, Ramanujganj branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Ramanujganj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Ramanujganj

MICR code for IDBI Ramanujganj

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Ramanujganj 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. 497259502 is the MICR code of IDBI for Ramanujganj branch. MICR code for Ramanujganj 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 Ramanujganj is presented in the table alongside.

Use of IDBI Bank MICR code for Ramanujganj branch in ramanujganj

The MICR code 497259502 is used in RBI cheque clearing process to identify the branch Ramanujganj 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.

Copied!