IDBI Barkagaon Hazaribag Jharkhand MICR CODE

Find MICR Codes for IDBI Barkagaon Hazaribag Jharkhand

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barkagaon
Contact 9031027658
Bank Details Idbi Bank Ltd Barkagaon IBKL0001476
Location Barkagaon, Hazaribag
City Barkagaon
District Hazaribag
State Jharkhand
Pincode 825311
Country IN
Address Idbi bank near adarsh madya vidyalaya barkagaon hazaribagh 825311
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.

Search IDBI MICR Codes in hazaribag

You can search through MICR Codes of Jharkhand branches in barkagaon of District hazaribag in Jharkhand State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Barkagaon

How to find MICR codes for IDBI in barkagaon?

IDBI barkagaon MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDBI Bank MICR codes list for barkagaon, one can further search by branch name specified in the table. You can find MICR codes for all IDBI barkagaon branches.

IDBI Bank MICR code in barkagaon

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for barkagaon branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for IDBI branches in barkagaon, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does IDBI MICR code for barkagaon branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a IDBI barkagaon branch, sprinted 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. Thus MICR code for IDBI Bank barkagaon branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for barkagaon branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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