IDBI Barddhaman Katwa West Bengal MICR CODE

Find MICR Codes for IDBI Barddhaman Katwa West Bengal

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Katwa
Contact 7699717395
Bank Details Idbi Bank Ltd Katwa IBKL0001930
Location Barddhaman, Katwa
City Barddhaman
District Katwa
State West Bengal
Pincode 713130
Country IN
Address Sarat pally,circus maidan,station road,nr,nazrul statue,katwa,burdwan,pin 713130
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 713259402 for Katwa 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 713259402 of IDBI Bank, Katwa branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Katwa 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 -

>>Katwa

MICR code for IDBI Katwa

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Katwa 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. 713259402 is the MICR code of IDBI for Katwa branch. MICR code for Katwa 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 Katwa is presented in the table alongside.

Use of IDBI Bank MICR code for Katwa branch in barddhaman

The MICR code 713259402 is used in RBI cheque clearing process to identify the branch Katwa 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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