IDBI Surat Surat Gujarat MICR CODE

Find MICR Codes for IDBI Surat Surat Gujarat

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MICR Code	-NA-
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Althan
Contact	91-9314352525
Bank Details	Idbi Bank Ltd Althan IBKL0002334

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395017
Country	IN
Address	Sai vittorio, shop no 45, opp atlanta shopping center, althan canal road pin 395017

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

A total of 16 branches of Idbi Bank Ltd are available with micr code -

>>Adajan >>Althan >>Ccu Surat >>Currency Chest Udhna >>Idbi Bank Ltd Vesu Surat >>Katargam Surat >>Pal Adajan >>Rander Road >>Retail Asset Centre Surat >>Sarthanna Surat >>Sosyo Circle Udhna Surat >>Surat >>Surat >>Surat (Corporate Banking Branch) >>Surat Main Branch >>Ved Road

MICR code for IDBI Althan

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

Use of IDBI Bank MICR code for Althan branch in surat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Althan and IDBI 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 IDBI is typically in either of these two font’s: E-138 and CMC-7.

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