MICR Code Bank
Find MICR code for IDBI Vaishali branches in India for NEFT and RTGS transfer

IDBI Vaishali MICR CODE

Find MICR Codes for IDBI Vaishali

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  1. Idbi Bank Ltd »
  2. Uttar Pradesh »
  3. ghaziabad »
  4. vaishali »
  5. vaishali (ghaziabad)

Find MICR Codes for IDBI Vaishali

MICR Code: 110259020
Bank: Idbi Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Vaishali (Ghaziabad)
Contact: 0120-4118195/96/97
Bank Details: Idbi Bank Ltd Vaishali (Ghaziabad) IBKL0000178
Location: Vaishali, Ghaziabad
City: Vaishali
District: Ghaziabad
State: Uttar Pradesh
Pincode: 201010
Country: IN
Address: Ground floor, mahalaxmi plaza, plot no .v/c2.,sector iii, adjoining ansal plaza,vaishali, ghazaiabad- 201 010

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

A total of 1 branches of Idbi Bank Ltd are available with micr code

>>Vaishali (Ghaziabad)

MICR code for IDBI vaishali

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

Use of IDBI Bank MICR code for vaishali branch in vaishali

The MICR code is used in RBI cheque clearing process to identify the branch vaishali 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.