IDBI Dalaj Pune Maharashtra MICR CODE

Find MICR Codes for IDBI Dalaj Pune Maharashtra

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhadalwadi
Contact 02118-248310
Bank Details Idbi Bank Ltd Bhadalwadi IBKL0000624
Location Dalaj, Pune
City Dalaj
District Pune
State Maharashtra
Pincode 413104
Country IN
Address Pune solapur highway,bhadalwadi, near bhigwan,tal indapur,pune0
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.

Search IDBI MICR Codes in pune

You can search through MICR Codes of Maharashtra branches in dalaj of District pune in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Bhadalwadi

How to find MICR codes for IDBI in dalaj?

IDBI dalaj MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDBI Bank MICR codes list for dalaj, one can further search by branch name specified in the table. You can find MICR codes for all IDBI dalaj branches.

IDBI Bank MICR code in dalaj

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for dalaj branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for IDBI branches in dalaj, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does IDBI MICR code for dalaj branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a IDBI dalaj branch, sprinted 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. Thus MICR code for IDBI Bank dalaj branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for dalaj branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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