IDFC Takipura Indore Madhya Pradesh MICR CODE

Find MICR Codes for IDFC Takipura Indore Madhya Pradesh

MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Takipura
Contact 9617410636
Bank Details IDFC Bank Ltd Takipura IDFB0041261
Location Takipura, Indore
City Takipura
District Indore
State Madhya Pradesh
Pincode 453115
Country IN
Address Ground floor, near hp petrol pump betma road, takipura tehsil depalpur, district indore, mp - 453220
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 452751001 for Takipura 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 452751001 of IDFC Bank, Takipura branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Takipura 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 -

>>Takipura

MICR code for IDFC Takipura

IDFC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDFC Bank MICR code for Takipura 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. 452751001 is the MICR code of IDFC for Takipura branch. MICR code for Takipura 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 Takipura is presented in the table alongside.

Use of IDFC Bank MICR code for Takipura branch in takipura

The MICR code 452751001 is used in RBI cheque clearing process to identify the branch Takipura 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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