IDBI Chikhli Navsari Gujarat MICR CODE

Find MICR Codes for IDBI Chikhli Navsari Gujarat

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MICR Code	396802051
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 Gandevi Peoples Co Op. Bank Ltd.
Contact	02634 234190
Bank Details	Idbi Bank Ltd The Gandevi Peoples Co Op. Bank Ltd. IBKL0068GP2

Location	Chikhli, Navsari
City	Chikhli
District	Navsari
State	Gujarat
Pincode	396521
Country	IN
Address	Desai falia, chikhli - 396521, dist. Navsari

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.

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The Gandevi Peoples Co Op. Bank Ltd. (396802051)

How does MICR code 396802051 for The Gandevi Peoples Co Op. 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 396802051 of IDBI Bank, The Gandevi Peoples Co Op. Bank Ltd. branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Gandevi Peoples Co Op. Bank Ltd. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Idbi Bank Ltd are available with micr code -

>>Chikhli >>The Gandevi Peoples Co Op. Bank Ltd.

MICR code for IDBI The Gandevi Peoples Co Op. 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 The Gandevi Peoples Co Op. 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. 396802051 is the MICR code of IDBI for The Gandevi Peoples Co Op. Bank Ltd. branch. MICR code for The Gandevi Peoples Co Op. 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 The Gandevi Peoples Co Op. Bank Ltd. is presented in the table alongside.

Use of IDBI Bank MICR code for The Gandevi Peoples Co Op. Bank Ltd. branch in chikhli

The MICR code 396802051 is used in RBI cheque clearing process to identify the branch The Gandevi Peoples Co Op. 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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