IDBI Auraiya Auraiya Uttar Pradesh MICR CODE

Find MICR Codes for IDBI Auraiya Auraiya Uttar Pradesh

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Auraiya
Contact 9411679321
Bank Details Idbi Bank Ltd Auraiya IBKL0001581
Location Auraiya, Auraiya
City Auraiya
District Auraiya
State Uttar Pradesh
Pincode 206122
Country IN
Address House no 26/1141, badanpur, near awas vikas colony, kanpur road, auraiya, uttar pradesh pin- 206122
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 206259202 for Auraiya 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 206259202 of IDBI Bank, Auraiya branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Auraiya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Auraiya

MICR code for IDBI Auraiya

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Auraiya 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. 206259202 is the MICR code of IDBI for Auraiya branch. MICR code for Auraiya 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 Auraiya is presented in the table alongside.

Use of IDBI Bank MICR code for Auraiya branch in auraiya

The MICR code 206259202 is used in RBI cheque clearing process to identify the branch Auraiya 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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