IDBI Kalamboli Raigad Maharashtra MICR CODE

Find MICR Codes for IDBI Kalamboli Raigad Maharashtra

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MICR Code	400259083
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	Kalamboli
Contact	Upendra Upasani 9967234505
Bank Details	Idbi Bank Ltd Kalamboli IBKL0000725

Location	Kalamboli, Raigad
City	Kalamboli
District	Raigad
State	Maharashtra
Pincode	410218
Country	IN
Address	Shop nos. 10 -16, satyam height, plot no. 22, sector 8, kalamboli 410218, tal. Panvel, dist. Raigad.

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 400259083 for Kalamboli 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 400259083 of IDBI Bank, Kalamboli branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kalamboli 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 -

>>Kalamboli

MICR code for IDBI Kalamboli

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kalamboli 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. 400259083 is the MICR code of IDBI for Kalamboli branch. MICR code for Kalamboli 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 Kalamboli is presented in the table alongside.

Use of IDBI Bank MICR code for Kalamboli branch in kalamboli

The MICR code 400259083 is used in RBI cheque clearing process to identify the branch Kalamboli 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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