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IDFC Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for IDFC Vadodara Vadodara Gujarat

Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vadodara Nizampura Branch
Contact 0
Bank Details IDFC Bank Ltd Vadodara Nizampura Branch IDFB0042393
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390002
Country IN
Address Ground floor, shop no.1 &2, indraprashth commercial complex, natasha park 1, nizampura, vadodara, gujarat -390002, tollfree 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.

How does MICR code 0 for Vadodara Nizampura Branch 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, Vadodara Nizampura Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Vadodara Nizampura Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of IDFC Bank Ltd are available with micr code -

>>Idfc First Bank Ltd >>Karelibaugh Branch >>Vadodara Baranch >>Vadodara Nizampura Branch >>Vadodara Vasna Bhaylibranch >>Vadodaramanjalpur Branch

MICR code for IDFC Vadodara Nizampura Branch

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

Use of IDFC Bank MICR code for Vadodara Nizampura Branch branch in vadodara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vadodara Nizampura Branch 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.