IDBI Hospet Bellary Karnataka MICR CODE

Find MICR Codes for IDBI Hospet Bellary Karnataka

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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	The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch
Contact
Bank Details	Idbi Bank Ltd The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch IBKL01039B5

Location	Hospet, Bellary
City	Hospet
District	Bellary
State	Karnataka
Pincode	583214
Country	IN
Address	The bellary district co-op.central bank ltd tungabhadra dam,sri bala murugan temple,nishani camp,tungabhadra dam,hospet-(tq),bellary ( dist ) pin code-583214

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 The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch 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, The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of Idbi Bank Ltd are available with micr code -

MICR code for IDBI The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch 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 The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch branch. MICR code for The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch 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 The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch is presented in the table alongside.

Use of IDBI Bank MICR code for The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch branch in hospet

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Bellary District Coop. Central Bank Ltd Ho Hospet Tungabhadra Dam Branch 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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