IDBI Banka Banka Bihar MICR CODE

Find MICR Codes for IDBI Banka Banka Bihar

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MICR Code	813259002
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	Banka
Contact	222311
Bank Details	Idbi Bank Ltd Banka IBKL0001538

Location	Banka, Banka
City	Banka
District	Banka
State	Bihar
Pincode	813102
Country	IN
Address	Vijaynagar, near govt. Girls high school, katoriya road, banka - 813102

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 813259002 for Banka 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 813259002 of IDBI Bank, Banka branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Banka 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 -

>>Banka

MICR code for IDBI Banka

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Banka 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. 813259002 is the MICR code of IDBI for Banka branch. MICR code for Banka 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 Banka is presented in the table alongside.

Use of IDBI Bank MICR code for Banka branch in banka

The MICR code 813259002 is used in RBI cheque clearing process to identify the branch Banka 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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