IDBI Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for IDBI Gurgaon Gurgaon Haryana

Bank
State
District
City
Branch
Address

MICR Code	110259004
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	Sikanderpur
Contact	0124-6357449
Bank Details	Idbi Bank Ltd Sikanderpur IBKL0000038

Location	Gurgaon, Gurgaon
City	Gurgaon
District	Gurgaon
State	Haryana
Pincode	122004
Country	IN
Address	Mahrauli gurgaon roadsikanderpur

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 110259004 for Sikanderpur 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 110259004 of IDBI Bank, Sikanderpur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Sikanderpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Idbi Bank Ltd are available with micr code -

>>Golf Course Road >>Manesar >>Omaxe Mall Gurgaon >>Pataudi >>Rac Gurgaon >>Sec New Gurgaon >>Sector 10A Gurgaon >>Sector15 Gurgaon >>Sikanderpur >>Subhash Nagar Gurgaon Iii >>Sushant Lok Gurgaon

MICR code for IDBI Sikanderpur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Sikanderpur 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. 110259004 is the MICR code of IDBI for Sikanderpur branch. MICR code for Sikanderpur 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 Sikanderpur is presented in the table alongside.

Use of IDBI Bank MICR code for Sikanderpur branch in gurgaon

The MICR code 110259004 is used in RBI cheque clearing process to identify the branch Sikanderpur 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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