IDBI Mokokchung Mokokchung Nagaland MICR CODE

Find MICR Codes for IDBI Mokokchung Mokokchung Nagaland

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mokokchung
Contact Nitesh Joshi 8415826819
Bank Details Idbi Bank Ltd Mokokchung IBKL0001235
Location Mokokchung, Mokokchung
City Mokokchung
District Mokokchung
State Nagaland
Pincode 798601
Country IN
Address Idbi bank, yangya & bros, imnameren road mokokchung, nagaland - 798601
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 798259002 for Mokokchung 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 798259002 of IDBI Bank, Mokokchung branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Mokokchung 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 -

>>Mokokchung

MICR code for IDBI Mokokchung

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Mokokchung 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. 798259002 is the MICR code of IDBI for Mokokchung branch. MICR code for Mokokchung 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 Mokokchung is presented in the table alongside.

Use of IDBI Bank MICR code for Mokokchung branch in mokokchung

The MICR code 798259002 is used in RBI cheque clearing process to identify the branch Mokokchung 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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