IDBI Barrackpore North 24 Parganas West Bengal MICR CODE

Find MICR Codes for IDBI Barrackpore North 24 Parganas West Bengal

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barrackpore
Contact 91-9155738838
Bank Details Idbi Bank Ltd Barrackpore IBKL0002320
Location Barrackpore, North 24 Parganas
City Barrackpore
District North 24 Parganas
State West Bengal
Pincode 700122
Country IN
Address Ground floor,prathama apartment,24/2 barasat road,barrackpore ( m),barrackpore pin 700122 west bengal
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 0 for Barrackpore 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 0 of IDBI Bank, Barrackpore branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Barrackpore 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 -

>>Barrackpore

MICR code for IDBI Barrackpore

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Barrackpore 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. 0 is the MICR code of IDBI for Barrackpore branch. MICR code for Barrackpore 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 Barrackpore is presented in the table alongside.

Use of IDBI Bank MICR code for Barrackpore branch in barrackpore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Barrackpore 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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