IDBI Bhagwanpur Muzaffarpur Bihar MICR CODE

Find MICR Codes for IDBI Bhagwanpur Muzaffarpur Bihar

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhagwanpur
Contact 9546496040
Bank Details Idbi Bank Ltd Bhagwanpur IBKL0002076
Location Bhagwanpur, Muzaffarpur
City Bhagwanpur
District Muzaffarpur
State Bihar
Pincode 842001
Country IN
Address R k tower bibiganj chowk,nh 28,bhagwanpur,muzaffarpur -842003
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 muzaffarpur

You can search through MICR Codes of Bihar branches in bhagwanpur of District muzaffarpur in Bihar 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 -

>>Bhagwanpur

How to find MICR codes for IDBI in bhagwanpur?

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

IDBI Bank MICR code in bhagwanpur

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for bhagwanpur 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 bhagwanpur, 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 bhagwanpur 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 bhagwanpur 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 bhagwanpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for bhagwanpur 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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