IDBI Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for IDBI Raipur Raipur Chhattisgarh

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amlidih
Contact 9826631112
Bank Details Idbi Bank Ltd Amlidih IBKL0001707
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 492001
Country IN
Address B-27-7 opp vijeta complex bihaind sai baba nursing home , new rajendra nagar amlidih raipur
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 492259014 for Amlidih 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 492259014 of IDBI Bank, Amlidih branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Amlidih branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Amlidih

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Amlidih 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. 492259014 is the MICR code of IDBI for Amlidih branch. MICR code for Amlidih 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 Amlidih is presented in the table alongside.

Use of IDBI Bank MICR code for Amlidih branch in raipur

The MICR code 492259014 is used in RBI cheque clearing process to identify the branch Amlidih 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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