IDBI Saidabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for IDBI Saidabad Allahabad Uttar Pradesh

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MICR Code	211259501
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	Bamaila
Contact	8191030333
Bank Details	Idbi Bank Ltd Bamaila IBKL0001895

Location	Saidabad, Allahabad
City	Saidabad
District	Allahabad
State	Uttar Pradesh
Pincode	221508
Country	IN
Address	Village bamaila,anjana,post saidabad,tehsil handia,dist allahabad,up pin 221508

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 211259501 for Bamaila 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 211259501 of IDBI Bank, Bamaila branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Bamaila 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 -

>>Bamaila

MICR code for IDBI Bamaila

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Bamaila 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. 211259501 is the MICR code of IDBI for Bamaila branch. MICR code for Bamaila 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 Bamaila is presented in the table alongside.

Use of IDBI Bank MICR code for Bamaila branch in saidabad

The MICR code 211259501 is used in RBI cheque clearing process to identify the branch Bamaila 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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