IDBI Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for IDBI Bhubaneswar Khurda Orissa

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhubaneshwar Main Branch
Contact 55746052/6054
Bank Details Idbi Bank Ltd Bhubaneshwar Main Branch IBKL0000132
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751014
Country IN
Address D.no.5-9-89/1 & 2, chapel roadp.b.no.370
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 751259003 for Bhubaneshwar Main Branch 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 751259003 of IDBI Bank, Bhubaneshwar Main Branch branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Bhubaneshwar Main Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Bhubaneshwar Main Branch

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Bhubaneshwar Main Branch 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. 751259003 is the MICR code of IDBI for Bhubaneshwar Main Branch branch. MICR code for Bhubaneshwar Main Branch 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 Bhubaneshwar Main Branch is presented in the table alongside.

Use of IDBI Bank MICR code for Bhubaneshwar Main Branch branch in bhubaneswar

The MICR code 751259003 is used in RBI cheque clearing process to identify the branch Bhubaneshwar Main Branch 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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