IDBI Chomu Jaipur Rajasthan MICR CODE

Find MICR Codes for IDBI Chomu Jaipur Rajasthan

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chomu
Contact 9911024934
Bank Details Idbi Bank Ltd Chomu IBKL0002119
Location Chomu, Jaipur
City Chomu
District Jaipur
State Rajasthan
Pincode 303702
Country IN
Address Shri hari plaza,opp.bharat talkies,near bus stand,chomu-303702
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 303259054 for Chomu 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 303259054 of IDBI Bank, Chomu branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Chomu 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 -

>>Chomu

MICR code for IDBI Chomu

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Chomu 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. 303259054 is the MICR code of IDBI for Chomu branch. MICR code for Chomu 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 Chomu is presented in the table alongside.

Use of IDBI Bank MICR code for Chomu branch in chomu

The MICR code 303259054 is used in RBI cheque clearing process to identify the branch Chomu 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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