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IDFC Sirlai Khargone Madhya Pradesh MICR CODE

Find MICR Codes for IDFC Sirlai Khargone Madhya Pradesh

MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sirlai
Contact 7089908320
Bank Details IDFC Bank Ltd Sirlai IDFB0041323
Location Sirlai, Khargone
City Sirlai
District Khargone
State Madhya Pradesh
Pincode 451115
Country IN
Address Ground floor,mg road,ground floor,main road, sirlai village,tehsil barwah,distt. Khargone, madhya pradesh - 451115
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 451751503 for Sirlai 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 451751503 of IDFC Bank, Sirlai branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Sirlai 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 -

>>Sirlai

MICR code for IDFC Sirlai

IDFC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDFC Bank MICR code for Sirlai 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. 451751503 is the MICR code of IDFC for Sirlai branch. MICR code for Sirlai 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 Sirlai is presented in the table alongside.

Use of IDFC Bank MICR code for Sirlai branch in sirlai

The MICR code 451751503 is used in RBI cheque clearing process to identify the branch Sirlai 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.