IDBI Ghatakpukur South 24 Parganas West Bengal MICR CODE

Find MICR Codes for IDBI Ghatakpukur South 24 Parganas West Bengal

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghatakpukur
Contact Subhakirti Saha 9435388755
Bank Details Idbi Bank Ltd Ghatakpukur IBKL0000762
Location Ghatakpukur, South 24 Parganas
City Ghatakpukur
District South 24 Parganas
State West Bengal
Pincode 743502
Country IN
Address Ghatakpukur bazar, p.o.- b. Govindpur, p.s.- bhangar, dist. - south 24 pragana, west bengal
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 700259023 for Ghatakpukur 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 700259023 of IDBI Bank, Ghatakpukur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Ghatakpukur 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 -

>>Ghatakpukur

MICR code for IDBI Ghatakpukur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Ghatakpukur 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. 700259023 is the MICR code of IDBI for Ghatakpukur branch. MICR code for Ghatakpukur 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 Ghatakpukur is presented in the table alongside.

Use of IDBI Bank MICR code for Ghatakpukur branch in ghatakpukur

The MICR code 700259023 is used in RBI cheque clearing process to identify the branch Ghatakpukur 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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