IDBI Budugumpa Tq.Gangavati Koppal Karnataka MICR CODE

Find MICR Codes for IDBI Budugumpa Tq.Gangavati Koppal Karnataka

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	584877501
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	Sriramanagar Pattana Sahakara Bank Ni Sriramanagar
Contact	276345
Bank Details	Idbi Bank Ltd Sriramanagar Pattana Sahakara Bank Ni Sriramanagar IBKL01543SR

Location	Budugumpa Tq.Gangavati, Koppal
City	Budugumpa Tq.Gangavati
District	Koppal
State	Karnataka
Pincode	583227
Country	IN
Address	Sriramanagar pattana sahakara bank ni,sriramanagar,gangavati

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.

Idbi Bank Ltd »
Karnataka »
Koppal »
Budugumpa Tq.Gangavati »
Sriramanagar Pattana Sahakara Bank Ni Sriramanagar (584877501)

How does MICR code 584877501 for Sriramanagar Pattana Sahakara Bank Ni Sriramanagar 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 584877501 of IDBI Bank, Sriramanagar Pattana Sahakara Bank Ni Sriramanagar branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Sriramanagar Pattana Sahakara Bank Ni Sriramanagar 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 -

>>Sriramanagar Pattana Sahakara Bank Ni Sriramanagar

MICR code for IDBI Sriramanagar Pattana Sahakara Bank Ni Sriramanagar

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Sriramanagar Pattana Sahakara Bank Ni Sriramanagar 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. 584877501 is the MICR code of IDBI for Sriramanagar Pattana Sahakara Bank Ni Sriramanagar branch. MICR code for Sriramanagar Pattana Sahakara Bank Ni Sriramanagar 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 Sriramanagar Pattana Sahakara Bank Ni Sriramanagar is presented in the table alongside.

Use of IDBI Bank MICR code for Sriramanagar Pattana Sahakara Bank Ni Sriramanagar branch in budugumpa tq.gangavati

The MICR code 584877501 is used in RBI cheque clearing process to identify the branch Sriramanagar Pattana Sahakara Bank Ni Sriramanagar 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!