IDBI Bengaluru Bengaluru Karnataka MICR CODE

Find MICR Codes for IDBI Bengaluru Bengaluru Karnataka

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Isro Layout Bengaluru
Contact 91-8921990158
Bank Details Idbi Bank Ltd Isro Layout Bengaluru IBKL0002326
Location Bengaluru, Bengaluru
City Bengaluru
District Bengaluru
State Karnataka
Pincode 560061
Country IN
Address Bengaluru 560061
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 0 for Isro Layout Bengaluru 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 0 of IDBI Bank, Isro Layout Bengaluru branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Isro Layout Bengaluru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Idbi Bank Ltd are available with micr code -

>>Isro Layout Bengaluru >>Yeswanthpur

MICR code for IDBI Isro Layout Bengaluru

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Isro Layout Bengaluru 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. 0 is the MICR code of IDBI for Isro Layout Bengaluru branch. MICR code for Isro Layout Bengaluru 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 Isro Layout Bengaluru is presented in the table alongside.

Use of IDBI Bank MICR code for Isro Layout Bengaluru branch in bengaluru

The MICR code 0 is used in RBI cheque clearing process to identify the branch Isro Layout Bengaluru 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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