IDBI Samalapuram Tirupur Tamil Nadu MICR CODE

Find MICR Codes for IDBI Samalapuram Tirupur Tamil Nadu

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Samalapuram Tamilnadu
Contact 9791688973
Bank Details Idbi Bank Ltd Samalapuram Tamilnadu IBKL0002090
Location Samalapuram, Tirupur
City Samalapuram
District Tirupur
State Tamil Nadu
Pincode 641668
Country IN
Address Sf no - 856-b door no.1g annur road samalapuram
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 641259108 for Samalapuram Tamilnadu 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 641259108 of IDBI Bank, Samalapuram Tamilnadu branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Samalapuram Tamilnadu 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 -

>>Samalapuram Tamilnadu

MICR code for IDBI Samalapuram Tamilnadu

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Samalapuram Tamilnadu 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. 641259108 is the MICR code of IDBI for Samalapuram Tamilnadu branch. MICR code for Samalapuram Tamilnadu 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 Samalapuram Tamilnadu is presented in the table alongside.

Use of IDBI Bank MICR code for Samalapuram Tamilnadu branch in samalapuram

The MICR code 641259108 is used in RBI cheque clearing process to identify the branch Samalapuram Tamilnadu 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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