IDBI Sitapur Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for IDBI Sitapur Sitapur Uttar Pradesh

Bank
State
District
City
Branch
Address

MICR Code	261259002
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	Sitapur
Contact	Jitendra Kumar, Mob No-09936486150
Bank Details	Idbi Bank Ltd Sitapur IBKL0000705

Location	Sitapur, Sitapur
City	Sitapur
District	Sitapur
State	Uttar Pradesh
Pincode	261001
Country	IN
Address	Dammuji building , near sethi dry cleaners,eye hospital road, sitapur

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 261259002 for Sitapur 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 261259002 of IDBI Bank, Sitapur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Sitapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Idbi Bank Ltd are available with micr code -

>>Arrokhamajitpur >>Sitapur

MICR code for IDBI Sitapur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Sitapur 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. 261259002 is the MICR code of IDBI for Sitapur branch. MICR code for Sitapur 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 Sitapur is presented in the table alongside.

Use of IDBI Bank MICR code for Sitapur branch in sitapur

The MICR code 261259002 is used in RBI cheque clearing process to identify the branch Sitapur 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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