IDBI Kakinada Kakinada Andhra Pradesh MICR CODE

Find MICR Codes for IDBI Kakinada Kakinada Andhra Pradesh

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarpavaram Junction
Contact 91-9553323352
Bank Details Idbi Bank Ltd Sarpavaram Junction IBKL0002256
Location Kakinada, Kakinada
City Kakinada
District Kakinada
State Andhra Pradesh
Pincode
Country IN
Address Na
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.

Search IDBI MICR Codes in kakinada

You can search through MICR Codes of Andhra Pradesh branches in kakinada of District kakinada in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Sarpavaram Junction

How to find MICR codes for IDBI in kakinada?

IDBI kakinada MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDBI Bank MICR codes list for kakinada, one can further search by branch name specified in the table. You can find MICR codes for all IDBI kakinada branches.

IDBI Bank MICR code in kakinada

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for kakinada branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for IDBI branches in kakinada, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does IDBI MICR code for kakinada branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a IDBI kakinada branch, sprinted 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. Thus MICR code for IDBI Bank kakinada branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for kakinada branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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