IDBI Amravati Amravati Maharashtra MICR CODE

Find MICR Codes for IDBI Amravati Amravati Maharashtra

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MICR Code	-NA-
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	Sadhana Sahakari Bank Ltd Cityland Nagpur
Contact	721-2991489
Bank Details	Idbi Bank Ltd Sadhana Sahakari Bank Ltd Cityland Nagpur IBKL0041SB6

Location	Amravati, Amravati
City	Amravati
District	Amravati
State	Maharashtra
Pincode	444601
Country	IN
Address	Cityland a wing plot no a 12 and a 14 opposite sant godhdiwala and sons

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.

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Sadhana Sahakari Bank Ltd Cityland Nagpur (0)

How does MICR code 0 for Sadhana Sahakari Bank Ltd Cityland Nagpur 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 0 of IDBI Bank, Sadhana Sahakari Bank Ltd Cityland Nagpur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Sadhana Sahakari Bank Ltd Cityland Nagpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Idbi Bank Ltd are available with micr code -

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MICR code for IDBI Sadhana Sahakari Bank Ltd Cityland Nagpur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Sadhana Sahakari Bank Ltd Cityland Nagpur 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. 0 is the MICR code of IDBI for Sadhana Sahakari Bank Ltd Cityland Nagpur branch. MICR code for Sadhana Sahakari Bank Ltd Cityland Nagpur 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 Sadhana Sahakari Bank Ltd Cityland Nagpur is presented in the table alongside.

Use of IDBI Bank MICR code for Sadhana Sahakari Bank Ltd Cityland Nagpur branch in amravati

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sadhana Sahakari Bank Ltd Cityland Nagpur 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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