IDBI Dhuri Sangrur Punjab MICR CODE

Find MICR Codes for IDBI Dhuri Sangrur Punjab

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dhuri
Contact 1675502480
Bank Details Idbi Bank Ltd Dhuri IBKL0002168
Location Dhuri, Sangrur
City Dhuri
District Sangrur
State Punjab
Pincode 148024
Country IN
Address Opp sbi bank road dhuri
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 148259202 for Dhuri 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 148259202 of IDBI Bank, Dhuri branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Dhuri 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 -

>>Dhuri

MICR code for IDBI Dhuri

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Dhuri 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. 148259202 is the MICR code of IDBI for Dhuri branch. MICR code for Dhuri 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 Dhuri is presented in the table alongside.

Use of IDBI Bank MICR code for Dhuri branch in dhuri

The MICR code 148259202 is used in RBI cheque clearing process to identify the branch Dhuri 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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