IDBI Kalol Gandhinagar Gujarat MICR CODE

Find MICR Codes for IDBI Kalol Gandhinagar Gujarat

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Kalol Nagarik Sahakari Bank Ltd.
Contact 02764-222514 /02764-223328
Bank Details Idbi Bank Ltd The Kalol Nagarik Sahakari Bank Ltd. IBKL01282KB
Location Kalol, Gandhinagar
City Kalol
District Gandhinagar
State Gujarat
Pincode 382721
Country IN
Address Nagarik bank char rasta, college road, kalol (n.g.) - 382721
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 380126253 for The Kalol Nagarik Sahakari 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 380126253 of IDBI Bank, The Kalol Nagarik Sahakari Bank Ltd. branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Kalol Nagarik Sahakari 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 -

>>Kalol Ng >>The Kalol Nagarik Sahakari Bank Ltd.

MICR code for IDBI The Kalol Nagarik Sahakari 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 Kalol Nagarik Sahakari 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. 380126253 is the MICR code of IDBI for The Kalol Nagarik Sahakari Bank Ltd. branch. MICR code for The Kalol Nagarik Sahakari 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 Kalol Nagarik Sahakari Bank Ltd. is presented in the table alongside.

Use of IDBI Bank MICR code for The Kalol Nagarik Sahakari Bank Ltd. branch in kalol

The MICR code 380126253 is used in RBI cheque clearing process to identify the branch The Kalol Nagarik Sahakari 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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