IDBI Rudraprayag Rudraprayag Uttrakhand MICR CODE

Find MICR Codes for IDBI Rudraprayag Rudraprayag Uttrakhand

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rudraprayag
Contact 01364233704,01364233705, 8800468018, 8475019007
Bank Details Idbi Bank Ltd Rudraprayag IBKL0001251
Location Rudraprayag, Rudraprayag
City Rudraprayag
District Rudraprayag
State Uttrakhand
Pincode 246171
Country IN
Address Idbi bank ltd. 'alaknanda palace', near new bus stand, rudraprayag-246171(u.k.)
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 246259402 for Rudraprayag 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 246259402 of IDBI Bank, Rudraprayag branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Rudraprayag branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Rudraprayag

MICR code for IDBI Rudraprayag

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Rudraprayag 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. 246259402 is the MICR code of IDBI for Rudraprayag branch. MICR code for Rudraprayag 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 Rudraprayag is presented in the table alongside.

Use of IDBI Bank MICR code for Rudraprayag branch in rudraprayag

The MICR code 246259402 is used in RBI cheque clearing process to identify the branch Rudraprayag 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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