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Find MICR Codes for IDBI

Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indore
Contact 0731-510602-06
Bank Details Idbi Bank Ltd Indore IBKL0000001
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address Alankar chambers,ratlam kothi , a.b.road,
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basheer Bagh
Contact 040-3228517,3222688
Bank Details Idbi Bank Ltd Basheer Bagh IBKL0000002
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500029
Country IN
Address Mahavir housebasheerbagh square
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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.

Search IDBI MICR Codes!

You can search through around 3858+ MICR Codes of IDBI! We are making earnest efforts in keeping the information updated by adding MICR codes of IDBI as they get available on RBI website.

MICR codes for IDBI

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. It is used to identify the bank branch to which the cheque belongs. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR technology speeds up the whole process compared to manual reading and sorting. MICR code for IDBI Bank is present at the bottom of every cheque leaf.

How to find MICR codes for IDBI?

IDBI MICR codes are given in the table alongside. Along with the MICR code, details like address and contact numbers are also provided. You can narrow down your search either by selecting any particular state from the drop down list or by selecting the state from IDBI Bank MICR codes list given on the right side. One can find MICR codes for all IDBI branches here.

How does the MICR technology work for IDBI?

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 fonts: E-138 and CMC-7. The MICR code allows the characters to be read reliably even if they are over-printed or concealed by stamps and signatures. This makes the system very efficient. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and IDBI