IDBI Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for IDBI Chennai Chennai Tamil Nadu

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kilpauk
Contact 044 - 2644 8435/23/24/25
Bank Details Idbi Bank Ltd Kilpauk IBKL0000287
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600010
Country IN
Address Ground & first floor, pattery balfour road, kelleys, kilpauk, chennai tamilnadu – 600 010
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 600259012 for Kilpauk 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 600259012 of IDBI Bank, Kilpauk branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kilpauk branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Kilpauk

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kilpauk 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. 600259012 is the MICR code of IDBI for Kilpauk branch. MICR code for Kilpauk 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 Kilpauk is presented in the table alongside.

Use of IDBI Bank MICR code for Kilpauk branch in chennai

The MICR code 600259012 is used in RBI cheque clearing process to identify the branch Kilpauk 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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