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IDFC New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for IDFC New Delhi New Delhi New Delhi

MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barakhamba Road
Contact 66712000
Bank Details IDFC Bank Ltd Barakhamba Road IDFB0020101
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110001
Country IN
Address Soodh & birlatowers, 4th floor east tower & lgf west tower, barakhamba road, new delhi -110001
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 110751001 for Barakhamba Road 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 110751001 of IDFC Bank, Barakhamba Road branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Barakhamba Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of IDFC Bank Ltd are available with micr code -

>>Barakhamba Road >>Cash Processing Centre Delhi >>Mayur Vihar Branch >>New Friends Colony Branch >>Vikas Marg Branch

MICR code for IDFC Barakhamba Road

IDFC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDFC Bank MICR code for Barakhamba Road 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. 110751001 is the MICR code of IDFC for Barakhamba Road branch. MICR code for Barakhamba Road 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 IDFC Bank Barakhamba Road is presented in the table alongside.

Use of IDFC Bank MICR code for Barakhamba Road branch in new delhi

The MICR code 110751001 is used in RBI cheque clearing process to identify the branch Barakhamba Road and IDFC 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 IDFC is typically in either of these two font’s: E-138 and CMC-7.