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IDFC Baloda Bazar Baloda Bazar Chhattisgarh MICR CODE

Find MICR Codes for IDFC Baloda Bazar Baloda Bazar Chhattisgarh

Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baloda Bazar Branch
Contact 0
Bank Details IDFC Bank Ltd Baloda Bazar Branch IDFB0060462
Location Baloda Bazar, Baloda Bazar
City Baloda Bazar
District Baloda Bazar
State Chhattisgarh
Pincode 493332
Country IN
Address Ground floor, p.h.no. 15, ambedkar chowk, baloda bazar, bhatapara, chhattisgarh-493332, toll free no-18004194332
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 IDFC MICR Codes in baloda bazar

You can search through MICR Codes of Chhattisgarh branches in baloda bazar of District baloda bazar in Chhattisgarh State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Baloda Bazar Branch

How to find MICR codes for IDFC in baloda bazar?

IDFC baloda bazar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDFC Bank MICR codes list for baloda bazar, one can further search by branch name specified in the table. You can find MICR codes for all IDFC baloda bazar branches.

IDFC Bank MICR code in baloda bazar

IDFC MICR code is a character recognition technology used by banks in the processing of cheques. IDFC Bank MICR code for baloda bazar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for IDFC branches in baloda bazar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does IDFC MICR code for baloda bazar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a IDFC baloda bazar branch, sprinted 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. Thus MICR code for IDFC Bank baloda bazar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDFC MICR codes for baloda bazar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!