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IDBI Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for IDBI Hyderabad Hyderabad Urban Andhra Pradesh

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basheer Bagh
Contact 040-3228517,3222688
Bank Details Idbi Bank Ltd Basheer Bagh IBKL0000002
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500029
Country IN
Address Mahavir housebasheerbagh square
MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banjara Hills
Contact 040-3548762/79/83
Bank Details Idbi Bank Ltd Banjara Hills IBKL0000028
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500034
Country IN
Address Plot no.9, j r house,road no.2, banjara hills,
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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 IDBI MICR Codes in hyderabad urban

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

A total of 5 branches of Idbi Bank Ltd are available with micr code -

>>Banjara Hills >>Basheer Bagh >>Hyderabad Main Branch >>Kukatpally >>Sultan Bazaar

How to find MICR codes for IDBI in hyderabad?

IDBI hyderabad MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDBI Bank MICR codes list for hyderabad, one can further search by branch name specified in the table. You can find MICR codes for all IDBI hyderabad branches.

IDBI Bank MICR code in hyderabad

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank 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 IDBI 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 IDBI 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 IDBI 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 IDBI Bank hyderabad branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI 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!