IDBI Ratnagiri Kasheli Maharashtra MICR CODE

Find MICR Codes for IDBI Ratnagiri Kasheli Maharashtra

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli
Contact 2351-204053
Bank Details Idbi Bank Ltd Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli IBKL0574R70
Location Ratnagiri, Kasheli
City Ratnagiri
District Kasheli
State Maharashtra
Pincode
Country IN
Address House of shri.madhav narayan borvankar,h.no.50,ap.kasheli
MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli
Contact 2353-223232
Bank Details Idbi Bank Ltd Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli IBKL0574R72
Location Ratnagiri, Kasheli
City Ratnagiri
District Kasheli
State Maharashtra
Pincode
Country IN
Address Ib0/pli
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 0 for Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli 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 0 of IDBI Bank, Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Idbi Bank Ltd are available with micr code -

>>Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli >>Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli

MICR code for IDBI Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli 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. 0 is the MICR code of IDBI for Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli branch. MICR code for Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli 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 Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli is presented in the table alongside.

Use of IDBI Bank MICR code for Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli branch in ratnagiri

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ratnagiri Dcc Bank Ltd Ratnagiri Kasheli 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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