IDBI Khanapur Sangli Maharashtra MICR CODE

Find MICR Codes for IDBI Khanapur Sangli Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

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 Hivare
Contact
Bank Details	Idbi Bank Ltd Sangli Dcc Bank Ltd Sangli Hivare IBKL0SDC151

Location	Khanapur, Sangli
City	Khanapur
District	Sangli
State	Maharashtra
Pincode
Country	IN
Address	A/p hivare tal -khanapur 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 Hivare 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 Hivare branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Sangli Dcc Bank Ltd Sangli Hivare 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 Hivare >>Sangli Dcc Bank Ltd Sangli Khanapur

MICR code for IDBI Sangli Dcc Bank Ltd Sangli Hivare

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 Hivare 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 Hivare branch. MICR code for Sangli Dcc Bank Ltd Sangli Hivare 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 Hivare is presented in the table alongside.

Use of IDBI Bank MICR code for Sangli Dcc Bank Ltd Sangli Hivare branch in khanapur

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

Copied!