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IDFC Thane Thane Maharashtra MICR CODE

Find MICR Codes for IDFC Thane Thane Maharashtra

Bank
State
District
City
Branch
Address

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	Trade Finance Cputi
Contact	71325499
Bank Details	IDFC Bank Ltd Trade Finance Cputi IDFB0010205

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 Trade Finance Cputi 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, Trade Finance Cputi branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Trade Finance Cputi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of IDFC Bank Ltd are available with micr code -

>>Accounts Payable Hub >>Bhayandar West Branch >>Cms Hub >>Ghodbunder Roadthane Branch >>Internet Bankingcpu >>Mumbaiviviana Mall Thane Branch >>Retail Assets Operations Finnone >>Retail Cpursys >>Rural Cpu Nova >>Thane Anand Nagar Branch >>Thane Branch >>Thane Wagle Estate Area Branch >>Thanehiranandani Street Branch >>Trade Finance Cputi >>Ulhasnagar Branch >>Vartak Nagar Thane Branch >>Wholesale Cpubsmart >>Wholesale Lending Operations

MICR code for IDFC Trade Finance Cputi

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

Use of IDFC Bank MICR code for Trade Finance Cputi branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Trade Finance Cputi 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.