IDBI Bhandara Bhandara Maharashtra MICR CODE

Find MICR Codes for IDBI Bhandara Bhandara Maharashtra

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhandara
Contact 07184-256483
Bank Details Idbi Bank Ltd Bhandara IBKL0000596
Location Bhandara, Bhandara
City Bhandara
District Bhandara
State Maharashtra
Pincode 441904
Country IN
Address Natraj complex,,, opp police station,, gandhi chowk, bhandara,, pincode - 441904
MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Bhandara District Central Co Op Bank Ltd Bhandara
Contact 07184-252235,9403141451
Bank Details Idbi Bank Ltd The Bhandara District Central Co Op Bank Ltd Bhandara IBKL0596BDC
Location Bhandara, Bhandara
City Bhandara
District Bhandara
State Maharashtra
Pincode 441904
Country IN
Address J.m.patel college road bhandara 441904 post box no.09
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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 bhandara

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

A total of 4 branches of Idbi Bank Ltd are available with micr code -

>>Bhandara >>Khokarla >>State Transport Bank Bhandara >>The Bhandara District Central Co Op Bank Ltd Bhandara

How to find MICR codes for IDBI in bhandara?

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

IDBI Bank MICR code in bhandara

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