IDBI Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for IDBI Raipur Raipur Chhattisgarh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	492259506
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Charoda
Contact	8878166000
Bank Details	Idbi Bank Ltd Charoda IBKL0001218

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Chhattisgarh
Pincode	493221
Country	IN
Address	Idbi bank ltd., charoda, post dharsiwa, distt. Raipur, chhattisgarh (493221)

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 492259506 for Charoda 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 492259506 of IDBI Bank, Charoda branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Charoda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of Idbi Bank Ltd are available with micr code -

>>Acholi >>Amlidih >>Arang >>Ccu Raipur >>Charoda >>Dumartarai >>Fafadih >>Kondagaon >>Mantralaya >>Mowa >>Pachpedhi Naka >>Raikheda >>Raipur >>Raipur >>Raipur (Corporate Banking Branch) >>Raipur Extn Counter >>Retail Asset Raipur >>Sejbahar Iim Raipur >>Silyari Kurud >>Sunder Nagar >>Upparwara

MICR code for IDBI Charoda

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Charoda 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. 492259506 is the MICR code of IDBI for Charoda branch. MICR code for Charoda 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 Charoda is presented in the table alongside.

Use of IDBI Bank MICR code for Charoda branch in raipur

The MICR code 492259506 is used in RBI cheque clearing process to identify the branch Charoda 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.

Copied!