IDBI Holenarsipur Hassan Karnataka MICR CODE

Find MICR Codes for IDBI Holenarsipur Hassan Karnataka

↻ Reload
MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sri Vasavamba Co Operative Bank Ltd
Contact
Bank Details Idbi Bank Ltd Sri Vasavamba Co Operative Bank Ltd IBKL0365SVC
Location Holenarsipur, Hassan
City Holenarsipur
District Hassan
State Karnataka
Pincode 573211
Country IN
Address Near pete main road,holenarasipura taluk,hassan district - 573211
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.

Search IDBI MICR Codes in hassan

You can search through MICR Codes of Karnataka branches in holenarsipur of District hassan in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Sri Vasavamba Co Operative Bank Ltd

How to find MICR codes for IDBI in holenarsipur?

IDBI holenarsipur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDBI Bank MICR codes list for holenarsipur, one can further search by branch name specified in the table. You can find MICR codes for all IDBI holenarsipur branches.

IDBI Bank MICR code in holenarsipur

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for holenarsipur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for IDBI branches in holenarsipur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does IDBI MICR code for holenarsipur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a IDBI holenarsipur branch, sprinted 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. Thus MICR code for IDBI Bank holenarsipur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for holenarsipur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

Copied!