IDBI Itanagar Papum Pare Arunachal Pradesh MICR CODE

Find MICR Codes for IDBI Itanagar Papum Pare Arunachal Pradesh

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Itanagar
Contact 0360-2211436 / 2214291
Bank Details Idbi Bank Ltd Itanagar IBKL0000161
Location Itanagar, Papum Pare
City Itanagar
District Papum Pare
State Arunachal Pradesh
Pincode 791111
Country IN
Address Injos complex, tt road, bank tinali, itanagar - 791 111
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 791259002 for Itanagar 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 791259002 of IDBI Bank, Itanagar branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Itanagar 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 -

>>Itanagar

MICR code for IDBI Itanagar

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Itanagar 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. 791259002 is the MICR code of IDBI for Itanagar branch. MICR code for Itanagar 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 Itanagar is presented in the table alongside.

Use of IDBI Bank MICR code for Itanagar branch in itanagar

The MICR code 791259002 is used in RBI cheque clearing process to identify the branch Itanagar 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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