IDBI Karad Satara Maharashtra MICR CODE

Find MICR Codes for IDBI Karad Satara Maharashtra

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Karad Janata Sah Bank Ltd Karad
Contact 64222310
Bank Details Idbi Bank Ltd The Karad Janata Sah Bank Ltd Karad IBKL0470KJS
Location Karad, Satara
City Karad
District Satara
State Maharashtra
Pincode 415110
Country IN
Address 438/a shaniwar peth tal karad dist satara-415110
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 415259352 for The Karad Janata Sah Bank Ltd Karad 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 415259352 of IDBI Bank, The Karad Janata Sah Bank Ltd Karad branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Karad Janata Sah Bank Ltd Karad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Idbi Bank Ltd are available with micr code -

>>Chikhali >>Karad >>State Transport Bank Karad >>Surli >>The Karad Janata Sah Bank Ltd Karad

MICR code for IDBI The Karad Janata Sah Bank Ltd Karad

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 Karad Janata Sah Bank Ltd Karad 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. 415259352 is the MICR code of IDBI for The Karad Janata Sah Bank Ltd Karad branch. MICR code for The Karad Janata Sah Bank Ltd Karad 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 Karad Janata Sah Bank Ltd Karad is presented in the table alongside.

Use of IDBI Bank MICR code for The Karad Janata Sah Bank Ltd Karad branch in karad

The MICR code 415259352 is used in RBI cheque clearing process to identify the branch The Karad Janata Sah Bank Ltd Karad 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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