IDBI Chhota Udaipur Vadodara Gujarat MICR CODE

Find MICR Codes for IDBI Chhota Udaipur Vadodara Gujarat

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chhota Udepur
Contact 9624600085
Bank Details Idbi Bank Ltd Chhota Udepur IBKL0001977
Location Chhota Udaipur, Vadodara
City Chhota Udaipur
District Vadodara
State Gujarat
Pincode 391165
Country IN
Address Gound floor bagwan complex,plot no 7& 8 rani bunglow vistar,station road,chhota udepur,taluka -chhota udepur,district -chhota udepur ( gujarat ) p.c 391165
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 391259121 for Chhota Udepur 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 391259121 of IDBI Bank, Chhota Udepur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Chhota Udepur 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 -

>>Chhota Udepur

MICR code for IDBI Chhota Udepur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Chhota Udepur 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. 391259121 is the MICR code of IDBI for Chhota Udepur branch. MICR code for Chhota Udepur 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 Chhota Udepur is presented in the table alongside.

Use of IDBI Bank MICR code for Chhota Udepur branch in chhota udaipur

The MICR code 391259121 is used in RBI cheque clearing process to identify the branch Chhota Udepur 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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