IDBI Chittoor Chittoor Andhra Pradesh MICR CODE

Find MICR Codes for IDBI Chittoor Chittoor Andhra Pradesh

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chittoor
Contact 08572 - 233800 / 01 / 02 / 03
Bank Details Idbi Bank Ltd Chittoor IBKL0001164
Location Chittoor, Chittoor
City Chittoor
District Chittoor
State Andhra Pradesh
Pincode 517001
Country IN
Address # 8-333, ground floor, gandhi road, chittoor, andhra pradesh - 517001
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 517259102 for Chittoor 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 517259102 of IDBI Bank, Chittoor branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Chittoor 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 -

>>Chittoor

MICR code for IDBI Chittoor

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Chittoor 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. 517259102 is the MICR code of IDBI for Chittoor branch. MICR code for Chittoor 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 Chittoor is presented in the table alongside.

Use of IDBI Bank MICR code for Chittoor branch in chittoor

The MICR code 517259102 is used in RBI cheque clearing process to identify the branch Chittoor 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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