IDBI Wardha Hinganghat Maharashtra MICR CODE

Find MICR Codes for IDBI Wardha Hinganghat Maharashtra

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vidarbha Merchants U.C.B. Ltd Hinganghat
Contact 247081
Bank Details Idbi Bank Ltd Vidarbha Merchants U.C.B. Ltd Hinganghat IBKL00410V1
Location Wardha, Hinganghat
City Wardha
District Hinganghat
State Maharashtra
Pincode 442301
Country IN
Address Shani mandir road,hinganghat
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 442879152 for Vidarbha Merchants U.C.B. Ltd Hinganghat 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 442879152 of IDBI Bank, Vidarbha Merchants U.C.B. Ltd Hinganghat branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Vidarbha Merchants U.C.B. Ltd Hinganghat 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 -

>>Vidarbha Merchants U.C.B. Ltd Hinganghat

MICR code for IDBI Vidarbha Merchants U.C.B. Ltd Hinganghat

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Vidarbha Merchants U.C.B. Ltd Hinganghat 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. 442879152 is the MICR code of IDBI for Vidarbha Merchants U.C.B. Ltd Hinganghat branch. MICR code for Vidarbha Merchants U.C.B. Ltd Hinganghat 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 Vidarbha Merchants U.C.B. Ltd Hinganghat is presented in the table alongside.

Use of IDBI Bank MICR code for Vidarbha Merchants U.C.B. Ltd Hinganghat branch in wardha

The MICR code 442879152 is used in RBI cheque clearing process to identify the branch Vidarbha Merchants U.C.B. Ltd Hinganghat 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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