Idbi Rajahmundry East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Idbi Rajahmundry East Godavari Andhra Pradesh

MICR Code: -NA-
Bank: Idbi Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Rajamundary
Contact: 011-23994348-49
Bank Details: Idbi Bank Ltd Rajamundary IBKL0000094
Location: Rajahmundry, East Godavari
City: Rajahmundry
District: East Godavari
State: Andhra Pradesh
Pincode: 533103
Country: IN
Address: 300-307,Mercantile Building,Main Fatehpuri Chowk,Chandni Chowk,
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 east godavari

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

Idbi Bank Ltd branches with micr codes are available in 9 cities-

>>Amalapuram >>Atreyapuram >>Kakinada >>Mandapeta >>Peddapuram >>Rajahmundry >>Ravulapalem >>Razole >>Tuni

How to find MICR codes for Idbi in rajahmundry?

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

Idbi Bank MICR code in rajahmundry

Idbi MICR code is a character recognition technology used by banks in the processing of cheques. Idbi Bank MICR code for rajahmundry 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 Bank branches in rajahmundry, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Idbi Bank MICR code for rajahmundry 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 rajahmundry 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 rajahmundry branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Idbi Bank MICR codes for rajahmundry branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!