IDBI Shillong East Khasi Hills Meghalaya MICR CODE

Find MICR Codes for IDBI Shillong East Khasi Hills Meghalaya

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shillong Cooperative Urban Bank Ltd.
Contact 0364-2224465
Bank Details Idbi Bank Ltd Shillong Cooperative Urban Bank Ltd. IBKL0158SCU
Location Shillong, East Khasi Hills
City Shillong
District East Khasi Hills
State Meghalaya
Pincode 793001
Country IN
Address G.s.road, shillong- 793001
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 793259002 for Shillong Cooperative Urban Bank Ltd. 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 793259002 of IDBI Bank, Shillong Cooperative Urban Bank Ltd. branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Shillong Cooperative Urban Bank Ltd. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Shillong Cooperative Urban Bank Ltd.

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Shillong Cooperative Urban Bank Ltd. 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. 793259002 is the MICR code of IDBI for Shillong Cooperative Urban Bank Ltd. branch. MICR code for Shillong Cooperative Urban Bank Ltd. 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 Shillong Cooperative Urban Bank Ltd. is presented in the table alongside.

Use of IDBI Bank MICR code for Shillong Cooperative Urban Bank Ltd. branch in shillong

The MICR code 793259002 is used in RBI cheque clearing process to identify the branch Shillong Cooperative Urban Bank Ltd. 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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