IDBI Dehradun Dehra Dun Uttrakhand MICR CODE

Find MICR Codes for IDBI Dehradun Dehra Dun Uttrakhand

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MICR Code	248259003
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	Nehru Colony
Contact	Asheesh Kala, 9897689689
Bank Details	Idbi Bank Ltd Nehru Colony IBKL0001082

Location	Dehradun, Dehra Dun
City	Dehradun
District	Dehra Dun
State	Uttrakhand
Pincode	248001
Country	IN
Address	C-9, nehru colony, dehradun

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 248259003 for Nehru Colony 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 248259003 of IDBI Bank, Nehru Colony branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Nehru Colony branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Idbi Bank Ltd are available with micr code -

>>Currency Chest Dehradun >>Gms Road Dehradun >>Karbaari Grant >>Nanurkhera >>Nehru Colony >>Patel Nagar Dehradun

MICR code for IDBI Nehru Colony

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Nehru Colony 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. 248259003 is the MICR code of IDBI for Nehru Colony branch. MICR code for Nehru Colony 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 Nehru Colony is presented in the table alongside.

Use of IDBI Bank MICR code for Nehru Colony branch in dehradun

The MICR code 248259003 is used in RBI cheque clearing process to identify the branch Nehru Colony 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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