IDBI Sri Madhopur Sikar Rajasthan MICR CODE

Find MICR Codes for IDBI Sri Madhopur Sikar Rajasthan

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bharni
Contact 01575-414002299
Bank Details Idbi Bank Ltd Bharni IBKL0001519
Location Sri Madhopur, Sikar
City Sri Madhopur
District Sikar
State Rajasthan
Pincode 332715
Country IN
Address G1-51, riico industrial area, gram: bharni, srimadhopur, sikar (raj), pin: 332715
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 332259101 for Bharni 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 332259101 of IDBI Bank, Bharni branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Bharni 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 -

>>Bharni

MICR code for IDBI Bharni

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Bharni 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. 332259101 is the MICR code of IDBI for Bharni branch. MICR code for Bharni 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 Bharni is presented in the table alongside.

Use of IDBI Bank MICR code for Bharni branch in sri madhopur

The MICR code 332259101 is used in RBI cheque clearing process to identify the branch Bharni 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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