IDBI Patiala Dera Bassi Punjab MICR CODE

Find MICR Codes for IDBI Patiala Dera Bassi Punjab

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Behra
Contact 9814813124
Bank Details Idbi Bank Ltd Behra IBKL0002009
Location Patiala, Dera Bassi
City Patiala
District Dera Bassi
State Punjab
Pincode 140507
Country IN
Address Samgoli road,vill behra,tehsil-derabassi,distt -mohali-140507
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 Behra 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, Behra branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Behra 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 -

>>Behra

MICR code for IDBI Behra

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

Use of IDBI Bank MICR code for Behra branch in patiala

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