IDBI Anand Umreth Gujarat MICR CODE

Find MICR Codes for IDBI Anand Umreth Gujarat

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Umreth
Contact 9714342326
Bank Details Idbi Bank Ltd Umreth IBKL0001979
Location Anand, Umreth
City Anand
District Umreth
State Gujarat
Pincode 388220
Country IN
Address R.s no 1757/a/26/a,apmc market,ode bazar,umreth,dist -anand, ( gujarat )- 388220
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 388259151 for Umreth 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 388259151 of IDBI Bank, Umreth branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Umreth branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Umreth

MICR code for IDBI Umreth

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Umreth 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. 388259151 is the MICR code of IDBI for Umreth branch. MICR code for Umreth 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 Umreth is presented in the table alongside.

Use of IDBI Bank MICR code for Umreth branch in anand

The MICR code 388259151 is used in RBI cheque clearing process to identify the branch Umreth 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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