IDBI Purnea Purnia Bihar MICR CODE

Find MICR Codes for IDBI Purnea Purnia Bihar

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MICR Code	854259103
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	Semaria
Contact	200206
Bank Details	Idbi Bank Ltd Semaria IBKL0002077

Location	Purnea, Purnia
City	Purnea
District	Purnia
State	Bihar
Pincode	854301
Country	IN
Address	First floor semaria,near koot mill post-garhbanali purnea 854325

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 854259103 for Semaria 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 854259103 of IDBI Bank, Semaria branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Semaria 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 -

>>Purnia >>Semaria

MICR code for IDBI Semaria

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Semaria 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. 854259103 is the MICR code of IDBI for Semaria branch. MICR code for Semaria 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 Semaria is presented in the table alongside.

Use of IDBI Bank MICR code for Semaria branch in purnea

The MICR code 854259103 is used in RBI cheque clearing process to identify the branch Semaria 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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