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IDFC Nawada Nawada Bihar MICR CODE

Find MICR Codes for IDFC Nawada Nawada Bihar

MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nawada Branch
Contact 0
Bank Details IDFC Bank Ltd Nawada Branch IDFB0061421
Location Nawada, Nawada
City Nawada
District Nawada
State Bihar
Pincode 805110
Country IN
Address Upper ground floor, khata no.378/379, nawada, bihar-805110, toll free no.- 18602582000.
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 nawada

You can search through MICR Codes of Bihar branches in nawada of District nawada in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Nawada Branch

How to find MICR codes for IDFC in nawada?

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

IDFC Bank MICR code in nawada

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