IDBI Dharmanagar North Tripura Tripura MICR CODE

Find MICR Codes for IDBI Dharmanagar North Tripura Tripura

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dharmanagar Tripura
Contact 03822-234350
Bank Details Idbi Bank Ltd Dharmanagar Tripura IBKL0001299
Location Dharmanagar, North Tripura
City Dharmanagar
District North Tripura
State Tripura
Pincode 799250
Country IN
Address Idbi bank,dharmanagar branch,nayapara road,dharmanagar,distt north tripura,tripura.pin 799250
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 799259102 for Dharmanagar Tripura 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 799259102 of IDBI Bank, Dharmanagar Tripura branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Dharmanagar Tripura 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 -

>>Dharmanagar Tripura

MICR code for IDBI Dharmanagar Tripura

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Dharmanagar Tripura 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. 799259102 is the MICR code of IDBI for Dharmanagar Tripura branch. MICR code for Dharmanagar Tripura 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 Dharmanagar Tripura is presented in the table alongside.

Use of IDBI Bank MICR code for Dharmanagar Tripura branch in dharmanagar

The MICR code 799259102 is used in RBI cheque clearing process to identify the branch Dharmanagar Tripura 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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