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Institute For Development And Research In Banking Technology Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Institute For Development And Research In Banking Technology Hyderabad Hyderabad Telangana

MICR Code
Bank Institute for Development and Research in Banking Technology
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Idrbt
Contact
Bank Details Institute for Development and Research in Banking Technology Idrbt RBIH0000000
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Telangana
Pincode
Country IN
Address Road no:1,castle hills,masab tank,hyderabad
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.

Search Institute For Development And Research In Banking Technology MICR Codes in hyderabad

You can search through MICR Codes of Telangana branches in hyderabad of District hyderabad in Telangana State by using the search box or you can browse through the table using the conrols at the bottom.

Institute for Development and Research in Banking Technology branches with micr codes are available in 1 cities-

>>Hyderabad

How to find MICR codes for Institute For Development And Research In Banking Technology in hyderabad?

Institute For Development And Research In Banking Technology hyderabad MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDRBT MICR codes list for hyderabad, one can further search by branch name specified in the table. You can find MICR codes for all Institute For Development And Research In Banking Technology hyderabad branches.

IDRBT MICR code in hyderabad

Institute For Development And Research In Banking Technology MICR code is a character recognition technology used by banks in the processing of cheques. IDRBT MICR code for hyderabad branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Institute For Development And Research In Banking Technology branches in hyderabad, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Institute For Development And Research In Banking Technology MICR code for hyderabad branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Institute For Development And Research In Banking Technology hyderabad branch, sprinted 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. Thus MICR code for IDRBT hyderabad branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Institute For Development And Research In Banking Technology MICR codes for hyderabad branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!