IDBI Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for IDBI Nagpur Nagpur Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	440259019
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	Kamptee Road Branch
Contact	2652558
Bank Details	Idbi Bank Ltd Kamptee Road Branch IBKL0001667

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440017
Country	IN
Address	Plot no 9,near lamba petrol pump,opp dr babasaheb ambedkar hospital,nagpur,440017

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 440259019 for Kamptee Road Branch 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 440259019 of IDBI Bank, Kamptee Road Branch branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kamptee Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 59 branches of Idbi Bank Ltd are available with micr code -

MICR code for IDBI Kamptee Road Branch

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kamptee Road Branch 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. 440259019 is the MICR code of IDBI for Kamptee Road Branch branch. MICR code for Kamptee Road Branch 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 Kamptee Road Branch is presented in the table alongside.

Use of IDBI Bank MICR code for Kamptee Road Branch branch in nagpur

The MICR code 440259019 is used in RBI cheque clearing process to identify the branch Kamptee Road Branch 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.

Copied!