IDBI Ahmedabad Ahmadabad Gujarat MICR CODE

Find MICR Codes for IDBI Ahmedabad Ahmadabad Gujarat

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sabarmati
Contact Santosh More 079 66072848
Bank Details Idbi Bank Ltd Sabarmati IBKL0000408
Location Ahmedabad, Ahmadabad
City Ahmedabad
District Ahmadabad
State Gujarat
Pincode 380005
Country IN
Address Shop no 1 to 5, shukan mall, near visat petrol pump, sabarmati gandhinagar highway, ahmedabad 380 005
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 380259012 for Sabarmati 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 380259012 of IDBI Bank, Sabarmati branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Sabarmati branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Idbi Bank Ltd are available with micr code -

>>Bapunagar >>Bopal >>Ccu Ahmedabad >>Gandhi Nagar >>Isanpur Ghodasar Road >>Maninagar >>Nava Vadaj >>Odhav >>Prahaladnagar >>Prantij >>Retail Asset Ahmedabad >>Sabarmati >>Vastrapur Lake Road

MICR code for IDBI Sabarmati

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Sabarmati 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. 380259012 is the MICR code of IDBI for Sabarmati branch. MICR code for Sabarmati 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 Sabarmati is presented in the table alongside.

Use of IDBI Bank MICR code for Sabarmati branch in ahmedabad

The MICR code 380259012 is used in RBI cheque clearing process to identify the branch Sabarmati 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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