IDBI Ped Sangli Maharashtra MICR CODE

Find MICR Codes for IDBI Ped Sangli Maharashtra

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MICR Code	-NA-
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sangli Dcc Bank Ltd Sangli Hatnur
Contact
Bank Details	Idbi Bank Ltd Sangli Dcc Bank Ltd Sangli Hatnur IBKL0SDC174

Location	Ped, Sangli
City	Ped
District	Sangli
State	Maharashtra
Pincode
Country	IN
Address	A/p hatnur tal -tasgaon dist -sangli

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 Sangli Dcc Bank Ltd Sangli Hatnur 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, Sangli Dcc Bank Ltd Sangli Hatnur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Sangli Dcc Bank Ltd Sangli Hatnur 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 -

>>Sangli Dcc Bank Ltd Sangli Hatnur >>Sangli Dcc Bank Ltd Sangli Ped

MICR code for IDBI Sangli Dcc Bank Ltd Sangli Hatnur

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

Use of IDBI Bank MICR code for Sangli Dcc Bank Ltd Sangli Hatnur branch in ped

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