IDBI Honavar Honavar Karnataka MICR CODE

Find MICR Codes for IDBI Honavar Honavar Karnataka

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Honavar Urban Cooperative Bank Ltd Main Branch
Contact 220231
Bank Details Idbi Bank Ltd The Honavar Urban Cooperative Bank Ltd Main Branch IBKL0187401
Location Honavar, Honavar
City Honavar
District Honavar
State Karnataka
Pincode 581334
Country IN
Address Urban bank building,bank road,honavar-581334
MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Honavar Urban Cooperative Bank Ltd Kavalakki
Contact 279631
Bank Details Idbi Bank Ltd The Honavar Urban Cooperative Bank Ltd Kavalakki IBKL0187404
Location Honavar, Honavar
City Honavar
District Honavar
State Karnataka
Pincode 581368
Country IN
Address Ratnakar shetty building,kavalakki-581368
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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 honavar

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

How to find MICR codes for IDBI in honavar?

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

IDBI Bank MICR code in honavar

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for honavar 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 honavar, 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 honavar 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 honavar 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 honavar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for honavar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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