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IDBI Pune Pune Maharashtra MICR CODE

Find MICR Codes for IDBI Pune Pune Maharashtra

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune.
Contact 24473156
Bank Details Idbi Bank Ltd Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. IBKL0490PMC
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411030
Country IN
Address 6iereokune411030
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 411174276 for Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. 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 411174276 of IDBI Bank, Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 90 branches of Idbi Bank Ltd are available with micr code -

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MICR code for IDBI Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune.

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. 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. 411174276 is the MICR code of IDBI for Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. branch. MICR code for Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. 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 Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. is presented in the table alongside.

Use of IDBI Bank MICR code for Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. branch in pune

The MICR code 411174276 is used in RBI cheque clearing process to identify the branch Pune Municipal Corporation Servants Co Op. Urban Bank Ltd.Pune. 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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