IDBI Bangalore Urban Bangalore Karnataka MICR CODE

Find MICR Codes for IDBI Bangalore Urban Bangalore Karnataka

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Comptrollers Office Coop Bank Ltd Ho Bangalore
Contact 91-9481773902
Bank Details Idbi Bank Ltd The Comptrollers Office Coop Bank Ltd Ho Bangalore IBKL0008CCB
Location Bangalore Urban, Bangalore
City Bangalore Urban
District Bangalore
State Karnataka
Pincode 560003
Country IN
Address United india building,n r square,opp to unity building,bangalore -560003
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 560226260 for The Comptrollers Office Coop Bank Ltd Ho Bangalore 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 560226260 of IDBI Bank, The Comptrollers Office Coop Bank Ltd Ho Bangalore branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Comptrollers Office Coop Bank Ltd Ho Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Idbi Bank Ltd are available with micr code -

>>Puttenahalli >>Swarna Bharathi Sahakara Bank Niyamitha Basavanagudi >>The Comptrollers Office Coop Bank Ltd Ho Bangalore

MICR code for IDBI The Comptrollers Office Coop Bank Ltd Ho Bangalore

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 Comptrollers Office Coop Bank Ltd Ho Bangalore 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. 560226260 is the MICR code of IDBI for The Comptrollers Office Coop Bank Ltd Ho Bangalore branch. MICR code for The Comptrollers Office Coop Bank Ltd Ho Bangalore 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 Comptrollers Office Coop Bank Ltd Ho Bangalore is presented in the table alongside.

Use of IDBI Bank MICR code for The Comptrollers Office Coop Bank Ltd Ho Bangalore branch in bangalore urban

The MICR code 560226260 is used in RBI cheque clearing process to identify the branch The Comptrollers Office Coop Bank Ltd Ho Bangalore 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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