IDBI Kanchipuram Kancheepuram Tamil Nadu MICR CODE

Find MICR Codes for IDBI Kanchipuram Kancheepuram Tamil Nadu

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Guduvancherry
Contact 8807000123
Bank Details Idbi Bank Ltd Guduvancherry IBKL0002001
Location Kanchipuram, Kancheepuram
City Kanchipuram
District Kancheepuram
State Tamil Nadu
Pincode 631501
Country IN
Address No 36,gst road
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 600259036 for Guduvancherry 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 600259036 of IDBI Bank, Guduvancherry branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Guduvancherry 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 -

>>Guduvancherry

MICR code for IDBI Guduvancherry

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Guduvancherry 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. 600259036 is the MICR code of IDBI for Guduvancherry branch. MICR code for Guduvancherry 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 Guduvancherry is presented in the table alongside.

Use of IDBI Bank MICR code for Guduvancherry branch in kanchipuram

The MICR code 600259036 is used in RBI cheque clearing process to identify the branch Guduvancherry 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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