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IDFC Thane Thane Maharashtra MICR CODE

Find MICR Codes for IDFC Thane Thane Maharashtra

MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rural Cpu Nova
Contact 71325499
Bank Details IDFC Bank Ltd Rural Cpu Nova IDFB0010206
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400708
Country IN
Address Idfc bank ltd.7th floor,building no.1,airoli west gigaplex,landmarkopposite igate,plot no.it5,midc knowledge corridor,airoli,navi mumbai 400708
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 Rural Cpu Nova 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, Rural Cpu Nova branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Rural Cpu Nova branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDFC Rural Cpu Nova

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

Use of IDFC Bank MICR code for Rural Cpu Nova branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rural Cpu Nova 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.