IDBI Thane Thane Maharashtra MICR CODE

Find MICR Codes for IDBI Thane Thane Maharashtra

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MICR Code	400259053
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	Dombivali E
Contact	0251-2435729 Main Bldg. 2447660
Bank Details	Idbi Bank Ltd Dombivali E IBKL0000455

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	421201
Country	IN
Address	Damale bldg., phadake road,, baji prabhu chowk,, dombivali (east), pincode - 421201

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 400259053 for Dombivali E 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 400259053 of IDBI Bank, Dombivali E branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Dombivali E branch, makes the characters readable even if there are other marks and stamps on it.

A total of 20 branches of Idbi Bank Ltd are available with micr code -

>>Badlapur >>Citizens Co Operative Bank Ltd Thane >>Dombivali E >>Dombivali Ramnagar >>Dombivali West >>Kasarvadavli Thane >>Kelve Road >>Kharegaon Kalwa >>Kopri Thane East >>Mangal Co Operative Bank Limited Mira Road East >>Mangal Co Operative Bank Limited Nallasopara East >>Nalasopara >>Retail Asset Thane >>State Transport Bank Thane >>Thane >>Thane >>Thane Jambhali Naka >>Thane Naupada >>Vasant Vihar >>Vima Kamgar Cooperative Bank Ltd Thane

MICR code for IDBI Dombivali E

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Dombivali E 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. 400259053 is the MICR code of IDBI for Dombivali E branch. MICR code for Dombivali E 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 Dombivali E is presented in the table alongside.

Use of IDBI Bank MICR code for Dombivali E branch in thane

The MICR code 400259053 is used in RBI cheque clearing process to identify the branch Dombivali E 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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