IDBI Batala Gurdaspur Punjab MICR CODE

Find MICR Codes for IDBI Batala Gurdaspur Punjab

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaito Sarja
Contact 8568835994
Bank Details Idbi Bank Ltd Jaito Sarja IBKL0001690
Location Batala, Gurdaspur
City Batala
District Gurdaspur
State Punjab
Pincode 143505
Country IN
Address Village jaito sarja,royal institute of nursing tehsil.batala distt.gurdaspur punjab 143505
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 143259253 for Jaito Sarja 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 143259253 of IDBI Bank, Jaito Sarja branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Jaito Sarja 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 -

>>Batala >>Jaito Sarja

MICR code for IDBI Jaito Sarja

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Jaito Sarja 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. 143259253 is the MICR code of IDBI for Jaito Sarja branch. MICR code for Jaito Sarja 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 Jaito Sarja is presented in the table alongside.

Use of IDBI Bank MICR code for Jaito Sarja branch in batala

The MICR code 143259253 is used in RBI cheque clearing process to identify the branch Jaito Sarja 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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