IDBI Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for IDBI Bilaspur Bilaspur Chhattisgarh

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bilaspur
Contact 07752-422768
Bank Details Idbi Bank Ltd Bilaspur IBKL0000223
Location Bilaspur, Bilaspur
City Bilaspur
District Bilaspur
State Chhattisgarh
Pincode 495004
Country IN
Address Bukhari building, 17/2 agrasen chowk, link road,bilaspur bilaspur chattisgarh495004
MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Secl Road Bilaspur
Contact 9752701888
Bank Details Idbi Bank Ltd Secl Road Bilaspur IBKL0001237
Location Bilaspur, Bilaspur
City Bilaspur
District Bilaspur
State Chhattisgarh
Pincode 495001
Country IN
Address Sri shankar lal agrawal parisar, nutan chowk, sarkonda, bilaspur-495001, chhattisgarh
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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 bilaspur

You can search through MICR Codes of Chhattisgarh branches in bilaspur of District bilaspur in Chhattisgarh 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 -

>>Bilaspur >>Dayalband >>Secl Road Bilaspur >>Vyapaar Vihar

How to find MICR codes for IDBI in bilaspur?

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

IDBI Bank MICR code in bilaspur

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