IDBI Mangaon Raigad Maharashtra MICR CODE

Find MICR Codes for IDBI Mangaon Raigad Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	402259502
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	Dahivali Tarfe Govele
Contact	2140254252
Bank Details	Idbi Bank Ltd Dahivali Tarfe Govele IBKL0001395

Location	Mangaon, Raigad
City	Mangaon
District	Raigad
State	Maharashtra
Pincode	402104
Country	IN
Address	Ground floor, near dahiwali masjid, at post dahiwali, tal mangaon, dist raigad

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 402259502 for Dahivali Tarfe Govele 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 402259502 of IDBI Bank, Dahivali Tarfe Govele branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Dahivali Tarfe Govele branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Idbi Bank Ltd are available with micr code -

>>Dahivali Tarfe Govele >>Dhalghar >>Kharavali >>Nandvi

MICR code for IDBI Dahivali Tarfe Govele

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Dahivali Tarfe Govele 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. 402259502 is the MICR code of IDBI for Dahivali Tarfe Govele branch. MICR code for Dahivali Tarfe Govele 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 Dahivali Tarfe Govele is presented in the table alongside.

Use of IDBI Bank MICR code for Dahivali Tarfe Govele branch in mangaon

The MICR code 402259502 is used in RBI cheque clearing process to identify the branch Dahivali Tarfe Govele 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!