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IDFC Jagatsinghpur Jagatsinghpur Orissa MICR CODE

Find MICR Codes for IDFC Jagatsinghpur Jagatsinghpur Orissa

MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jagatsinghpur Branch
Contact 0
Bank Details IDFC Bank Ltd Jagatsinghpur Branch IDFB0060921
Location Jagatsinghpur, Jagatsinghpur
City Jagatsinghpur
District Jagatsinghpur
State Orissa
Pincode 754103
Country IN
Address Ground floor, radhashyam panorama, durga bazar, mouza mukundpur, p s jagatsinghpur, p s, no 252, tehsil - jagatsinghpur, dist - jagatsinghpur, odisha - 754103
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 754751202 for Jagatsinghpur Branch 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 754751202 of IDFC Bank, Jagatsinghpur Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Jagatsinghpur Branch branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Jagatsinghpur Branch

MICR code for IDFC Jagatsinghpur Branch

IDFC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDFC Bank MICR code for Jagatsinghpur Branch 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. 754751202 is the MICR code of IDFC for Jagatsinghpur Branch branch. MICR code for Jagatsinghpur Branch 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 Jagatsinghpur Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Jagatsinghpur Branch branch in jagatsinghpur

The MICR code 754751202 is used in RBI cheque clearing process to identify the branch Jagatsinghpur Branch 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.