IDBI Deoghar Deoghar Jharkhand MICR CODE

Find MICR Codes for IDBI Deoghar Deoghar 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 Cooperative Bank Limited Karon
Contact 9934108441
Bank Details Idbi Bank Ltd Jharkhand State Cooperative Bank Limited Karon IBKL063JS15
Location Deoghar, Deoghar
City Deoghar
District Deoghar
State Jharkhand
Pincode 825322
Country IN
Address Deoghar-jamtara central co-operative bank ltd,near kharo post office,karon jamtara 825322
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 814735109 for Jharkhand State Cooperative Bank Limited Karon 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 814735109 of IDBI Bank, Jharkhand State Cooperative Bank Limited Karon branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Jharkhand State Cooperative Bank Limited Karon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Jharkhand State Cooperative Bank Limited Karon

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 Cooperative Bank Limited Karon 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. 814735109 is the MICR code of IDBI for Jharkhand State Cooperative Bank Limited Karon branch. MICR code for Jharkhand State Cooperative Bank Limited Karon 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 Cooperative Bank Limited Karon is presented in the table alongside.

Use of IDBI Bank MICR code for Jharkhand State Cooperative Bank Limited Karon branch in deoghar

The MICR code 814735109 is used in RBI cheque clearing process to identify the branch Jharkhand State Cooperative Bank Limited Karon 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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