IDBI Delhi Delhi New Delhi MICR CODE

Find MICR Codes for IDBI Delhi Delhi New Delhi

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Civil Lines
Contact 1123831613
Bank Details Idbi Bank Ltd Civil Lines IBKL0001338
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110054
Country IN
Address 13,alipur road, civil lines, delhi-110054
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 110259063 for Civil Lines 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 110259063 of IDBI Bank, Civil Lines branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Civil Lines branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Civil Lines

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Civil Lines 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. 110259063 is the MICR code of IDBI for Civil Lines branch. MICR code for Civil Lines 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 Civil Lines is presented in the table alongside.

Use of IDBI Bank MICR code for Civil Lines branch in delhi

The MICR code 110259063 is used in RBI cheque clearing process to identify the branch Civil Lines 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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