IDBI Nainital Haldwani Uttrakhand MICR CODE

Find MICR Codes for IDBI Nainital Haldwani Uttrakhand

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kaladhungi Raod Haldwani
Contact 91-9927739399
Bank Details Idbi Bank Ltd Kaladhungi Raod Haldwani IBKL0002250
Location Nainital, Haldwani
City Nainital
District Haldwani
State Uttrakhand
Pincode 263139
Country IN
Address Idbi bank ltd,gas godam road chauraha,near central hospital,kaladhungi road,haldwani -uttarakhand pin code-263139
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 0 for Kaladhungi Raod Haldwani 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 0 of IDBI Bank, Kaladhungi Raod Haldwani branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kaladhungi Raod Haldwani branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Kaladhungi Raod Haldwani

MICR code for IDBI Kaladhungi Raod Haldwani

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kaladhungi Raod Haldwani 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. 0 is the MICR code of IDBI for Kaladhungi Raod Haldwani branch. MICR code for Kaladhungi Raod Haldwani 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 Kaladhungi Raod Haldwani is presented in the table alongside.

Use of IDBI Bank MICR code for Kaladhungi Raod Haldwani branch in nainital

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kaladhungi Raod Haldwani 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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