IDBI Tirupati Chittoor Andhra Pradesh MICR CODE

Find MICR Codes for IDBI Tirupati Chittoor Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	517259002
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	Tirupati
Contact	Y Murali Jayaram Prasad – 0877 2240010
Bank Details	Idbi Bank Ltd Tirupati IBKL0000436

Location	Tirupati, Chittoor
City	Tirupati
District	Chittoor
State	Andhra Pradesh
Pincode	517501
Country	IN
Address	Door no. 19-8-8d, annaimaiah circle, a.i.r. Road, tirupati – 517501

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 517259002 for Tirupati 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 517259002 of IDBI Bank, Tirupati branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Tirupati 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 -

>>Retail Asset Centre Tirupati >>Tirupati

MICR code for IDBI Tirupati

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Tirupati 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. 517259002 is the MICR code of IDBI for Tirupati branch. MICR code for Tirupati 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 Tirupati is presented in the table alongside.

Use of IDBI Bank MICR code for Tirupati branch in tirupati

The MICR code 517259002 is used in RBI cheque clearing process to identify the branch Tirupati 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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