IDBI Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for IDBI Ahmedabad Ahmedabad Gujarat

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Science City
Contact 91-9904985060
Bank Details Idbi Bank Ltd Science City IBKL0002237
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380060
Country IN
Address Shop no 5 and 6 ground floor atlantis one near sagar sangeet cross road behind kargil petrol pump off s g highway ahmedabad gujarat 380060
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 0 for Science City 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, Science City branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Science City branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Science City

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

Use of IDBI Bank MICR code for Science City branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Science City 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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