IDBI Jamshedpur Purbi Singhbhum Jharkhand MICR CODE

Find MICR Codes for IDBI Jamshedpur Purbi Singhbhum Jharkhand

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MICR Code	831259007
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kadama
Contact	0
Bank Details	Idbi Bank Ltd Kadama IBKL0001261

Location	Jamshedpur, Purbi Singhbhum
City	Jamshedpur
District	Purbi Singhbhum
State	Jharkhand
Pincode	831005
Country	IN
Address	H.no 1378,govind nagar,s.d.singh path,kadma,jamshedpur-831005

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 831259007 for Kadama 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 831259007 of IDBI Bank, Kadama branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kadama branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Idbi Bank Ltd are available with micr code -

>>Haludbani Parsudih Branch >>Jamshedpur >>Jamshedpur (Corporate Banking Branch) >>Kadama >>Rac Jamshedpur >>Telco Ec

MICR code for IDBI Kadama

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kadama 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. 831259007 is the MICR code of IDBI for Kadama branch. MICR code for Kadama 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 Kadama is presented in the table alongside.

Use of IDBI Bank MICR code for Kadama branch in jamshedpur

The MICR code 831259007 is used in RBI cheque clearing process to identify the branch Kadama 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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