IDFC Thane Thane Maharashtra MICR CODE

Find MICR Codes for IDFC Thane Thane Maharashtra

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MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cash Support Deskmumbai
Contact 1800 10 888
Bank Details IDFC Bank Ltd Cash Support Deskmumbai IDFB0010215
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400701
Country IN
Address Mindspace building no 2, off sion-panvel road,opp to dy patil stadium,juinagar,navi mumbai, thane
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 0 for Cash Support Deskmumbai 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 0 of IDFC Bank, Cash Support Deskmumbai branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Cash Support Deskmumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDFC Cash Support Deskmumbai

IDFC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDFC Bank MICR code for Cash Support Deskmumbai 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. 0 is the MICR code of IDFC for Cash Support Deskmumbai branch. MICR code for Cash Support Deskmumbai 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 Cash Support Deskmumbai is presented in the table alongside.

Use of IDFC Bank MICR code for Cash Support Deskmumbai branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Cash Support Deskmumbai 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.

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