IDBI Rajahmundry East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for IDBI Rajahmundry East Godavari Andhra Pradesh

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Aryapuram Cooperative Urban Bank Limited
Contact 9989573083
Bank Details Idbi Bank Ltd The Aryapuram Cooperative Urban Bank Limited IBKL0094ACB
Location Rajahmundry, East Godavari
City Rajahmundry
District East Godavari
State Andhra Pradesh
Pincode 533105
Country IN
Address ,rgruss,rjury514
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 533259102 for The Aryapuram Cooperative Urban Bank Limited 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 533259102 of IDBI Bank, The Aryapuram Cooperative Urban Bank Limited branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Aryapuram Cooperative Urban Bank Limited 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 -

>>Rajamundary >>The Aryapuram Cooperative Urban Bank Limited

MICR code for IDBI The Aryapuram Cooperative Urban Bank Limited

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for The Aryapuram Cooperative Urban Bank Limited 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. 533259102 is the MICR code of IDBI for The Aryapuram Cooperative Urban Bank Limited branch. MICR code for The Aryapuram Cooperative Urban Bank Limited 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 The Aryapuram Cooperative Urban Bank Limited is presented in the table alongside.

Use of IDBI Bank MICR code for The Aryapuram Cooperative Urban Bank Limited branch in rajahmundry

The MICR code 533259102 is used in RBI cheque clearing process to identify the branch The Aryapuram Cooperative Urban Bank Limited 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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