IDBI Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for IDBI Chennai Chennai Tamil Nadu

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MICR Code	600259031
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	Mudichur Branch
Contact	9840511611/9894707789
Bank Details	Idbi Bank Ltd Mudichur Branch IBKL0001344

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600048
Country	IN
Address	Dhanaselvi plaza,no-8 kanagavalli nagar, ptc quarters bus stop,varadharaja puram,mudichur,chennai-600048

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 600259031 for Mudichur 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 600259031 of IDBI Bank, Mudichur Branch branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Mudichur Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 33 branches of Idbi Bank Ltd are available with micr code -

>>Alwarpet >>Anna Nagar >>Arumbakkam >>Ashok Nagar Chennai >>Chengalpet >>Chennai Main Branch >>Currency Chest Chennai >>Gopalapuram >>Greams Road >>K K Nagar >>Kilpauk >>Little Mount >>Madipakkam >>Mogappair >>Mudichur Branch >>N M Road >>Nanganallur >>Neelankarai >>Ota Extn Counter >>Periyar Nagar >>Purasaiwalkam >>Rac Ashok Nagar >>Retails Assets Center Chennai >>Rpu Chennai >>Rpu South >>Skpas College Extn Counter >>Spoke Rao Nungambakkam Chennai >>T . Nagar >>Tambaram >>Thiruvanmiyur >>Vadapalani >>Velachery >>Washermanpet

MICR code for IDBI Mudichur 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 Mudichur 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. 600259031 is the MICR code of IDBI for Mudichur Branch branch. MICR code for Mudichur 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 Mudichur Branch is presented in the table alongside.

Use of IDBI Bank MICR code for Mudichur Branch branch in chennai

The MICR code 600259031 is used in RBI cheque clearing process to identify the branch Mudichur 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.

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