IDBI Surajpur Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for IDBI Surajpur Gautam Buddha Nagar Uttar Pradesh

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MICR Code	110259040
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	Surajpur
Contact	Ranjan Saha,9999578482
Bank Details	Idbi Bank Ltd Surajpur IBKL0000347

Location	Surajpur, Gautam Buddha Nagar
City	Surajpur
District	Gautam Buddha Nagar
State	Uttar Pradesh
Pincode	201306
Country	IN
Address	Pradhan bhawan, noida-dadri road,surajpur, greater noida,pin:201306

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 110259040 for Surajpur 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 110259040 of IDBI Bank, Surajpur branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Surajpur 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 -

>>Surajpur

MICR code for IDBI Surajpur

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Surajpur 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. 110259040 is the MICR code of IDBI for Surajpur branch. MICR code for Surajpur 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 Surajpur is presented in the table alongside.

Use of IDBI Bank MICR code for Surajpur branch in surajpur

The MICR code 110259040 is used in RBI cheque clearing process to identify the branch Surajpur 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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