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IDFC Mohali Sahibzada Ajit Singh Nagar Punjab MICR CODE

Find MICR Codes for IDFC Mohali Sahibzada Ajit Singh Nagar Punjab

MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mohali Branch
Contact 0
Bank Details IDFC Bank Ltd Mohali Branch IDFB0021371
Location Mohali, Sahibzada Ajit Singh Nagar
City Mohali
District Sahibzada Ajit Singh Nagar
State Punjab
Pincode 160061
Country IN
Address Ground floor, scf no. 19, phase 7, sas nagar, mohali 160061, toll free number 18004194332
MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mohali Phase Ten Branch
Contact
Bank Details IDFC Bank Ltd Mohali Phase Ten Branch IDFB0021373
Location Mohali, Sahibzada Ajit Singh Nagar
City Mohali
District Sahibzada Ajit Singh Nagar
State Punjab
Pincode 160062
Country IN
Address Ground floor, scf-15, phase-10, mohali, punjab- 160062, 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 sahibzada ajit singh nagar

You can search through MICR Codes of Punjab branches in mohali of District sahibzada ajit singh nagar in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of IDFC Bank Ltd are available with micr code -

>>Mohali Branch >>Mohali Phase Ten Branch

How to find MICR codes for IDFC in mohali?

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

IDFC Bank MICR code in mohali

IDFC MICR code is a character recognition technology used by banks in the processing of cheques. IDFC Bank MICR code for mohali 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 mohali, 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 mohali 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 mohali 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 mohali branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDFC MICR codes for mohali branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!