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IDFC Jayanagar Bangalore Urban Karnataka MICR CODE

Find MICR Codes for IDFC Jayanagar Bangalore Urban Karnataka

Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jayanagar Branch
Contact 0
Bank Details IDFC Bank Ltd Jayanagar Branch IDFB0080156
Location Jayanagar, Bangalore Urban
City Jayanagar
District Bangalore Urban
State Karnataka
Pincode 560011
Country IN
Address Ground floor, door new no.20, old no.476, 9th main road, 40th cross, jayanagar, 5th block, opp to mainland china hotel, bengaluru 560041, 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.

How does MICR code 560751004 for Jayanagar 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 560751004 of IDFC Bank, Jayanagar Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Jayanagar 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 -

>>Jayanagar Branch

MICR code for IDFC Jayanagar 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 Jayanagar 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. 560751004 is the MICR code of IDFC for Jayanagar Branch branch. MICR code for Jayanagar 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 Jayanagar Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Jayanagar Branch branch in jayanagar

The MICR code 560751004 is used in RBI cheque clearing process to identify the branch Jayanagar 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.