IDFC Raigad Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for IDFC Raigad Navi Mumbai Maharashtra

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MICR Code	-NA-
Bank	IDFC Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Navi Mumbai Kamothe Branch
Contact	1800 10 888
Bank Details	IDFC Bank Ltd Navi Mumbai Kamothe Branch IDFB0042583

Location	Raigad, Navi Mumbai
City	Raigad
District	Navi Mumbai
State	Maharashtra
Pincode	410209
Country	IN
Address	Ground floor, shop no. 14,15,16, shubh kalash chs, plot no 1,2,5,7, sec 35, phase 2, kamothe, panvel, navi mumbai- 410209

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 Navi Mumbai Kamothe 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 0 of IDFC Bank, Navi Mumbai Kamothe Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Navi Mumbai Kamothe Branch branch, makes the characters readable even if there are other marks and stamps on it.

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

>>E Toll And Transit >>Navi Mumbai Kamothe Branch

MICR code for IDFC Navi Mumbai Kamothe 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 Navi Mumbai Kamothe 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. 0 is the MICR code of IDFC for Navi Mumbai Kamothe Branch branch. MICR code for Navi Mumbai Kamothe 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 Navi Mumbai Kamothe Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Navi Mumbai Kamothe Branch branch in raigad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Navi Mumbai Kamothe 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.

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