IDBI Giridih Giridih Jharkhand MICR CODE

Find MICR Codes for IDBI Giridih Giridih Jharkhand

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jharkhand State Coop Bank Bengebad Bgd
Contact 9939716297
Bank Details Idbi Bank Ltd Jharkhand State Coop Bank Bengebad Bgd IBKL063JS25
Location Giridih, Giridih
City Giridih
District Giridih
State Jharkhand
Pincode 815301
Country IN
Address Bengabad deoghar main road,815312
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 815735007 for Jharkhand State Coop Bank Bengebad Bgd 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 815735007 of IDBI Bank, Jharkhand State Coop Bank Bengebad Bgd branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Jharkhand State Coop Bank Bengebad Bgd branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Jharkhand State Coop Bank Bengebad Bgd

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Jharkhand State Coop Bank Bengebad Bgd 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. 815735007 is the MICR code of IDBI for Jharkhand State Coop Bank Bengebad Bgd branch. MICR code for Jharkhand State Coop Bank Bengebad Bgd 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 Jharkhand State Coop Bank Bengebad Bgd is presented in the table alongside.

Use of IDBI Bank MICR code for Jharkhand State Coop Bank Bengebad Bgd branch in giridih

The MICR code 815735007 is used in RBI cheque clearing process to identify the branch Jharkhand State Coop Bank Bengebad Bgd 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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