IDBI Arrah Bhojpur Bihar MICR CODE

Find MICR Codes for IDBI Arrah Bhojpur Bihar

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Central Co Operative Bank Ltd. Ara.
Contact 06182 232416 / 06182 239072
Bank Details Idbi Bank Ltd Central Co Operative Bank Ltd. Ara. IBKL0722CCB
Location Arrah, Bhojpur
City Arrah
District Bhojpur
State Bihar
Pincode 802301
Country IN
Address Mangal pandey path, ara, dist. - bhojpur, bihar- 802301
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 0 for Central Co Operative Bank Ltd. Ara. 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 0 of IDBI Bank, Central Co Operative Bank Ltd. Ara. branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Central Co Operative Bank Ltd. Ara. 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 -

>>Central Co Operative Bank Ltd. Ara.

MICR code for IDBI Central Co Operative Bank Ltd. Ara.

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Central Co Operative Bank Ltd. Ara. 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. 0 is the MICR code of IDBI for Central Co Operative Bank Ltd. Ara. branch. MICR code for Central Co Operative Bank Ltd. Ara. 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 Central Co Operative Bank Ltd. Ara. is presented in the table alongside.

Use of IDBI Bank MICR code for Central Co Operative Bank Ltd. Ara. branch in arrah

The MICR code 0 is used in RBI cheque clearing process to identify the branch Central Co Operative Bank Ltd. Ara. 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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