IDBI Pithoragarh Pithoragarh Uttrakhand MICR CODE

Find MICR Codes for IDBI Pithoragarh Pithoragarh Uttrakhand

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pithoragarh
Contact Shashikala Bisht, Mobile 9917100556,05964226015
Bank Details Idbi Bank Ltd Pithoragarh IBKL0000768
Location Pithoragarh, Pithoragarh
City Pithoragarh
District Pithoragarh
State Uttrakhand
Pincode 262501
Country IN
Address Vishnu market complex, siltham pithoragarh, uttrakhand, pin 262501
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 262259802 for Pithoragarh 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 262259802 of IDBI Bank, Pithoragarh branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Pithoragarh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Pithoragarh

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Pithoragarh 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. 262259802 is the MICR code of IDBI for Pithoragarh branch. MICR code for Pithoragarh 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 Pithoragarh is presented in the table alongside.

Use of IDBI Bank MICR code for Pithoragarh branch in pithoragarh

The MICR code 262259802 is used in RBI cheque clearing process to identify the branch Pithoragarh 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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