IDBI Urla Raipur Chhattisgarh MICR CODE

Find MICR Codes for IDBI Urla Raipur Chhattisgarh

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Urla
Contact 9630030302
Bank Details Idbi Bank Ltd Urla IBKL0001216
Location Urla, Raipur
City Urla
District Raipur
State Chhattisgarh
Pincode 492008
Country IN
Address Idbi bank, block-6 wb-1 dr. Khub chand baghel transport nagar rawabhata, urla ind. Area raipur pin-492008 chhattisgarh
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.

Search IDBI MICR Codes in raipur

You can search through MICR Codes of Chhattisgarh branches in urla of District raipur in Chhattisgarh State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Urla

How to find MICR codes for IDBI in urla?

IDBI urla MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDBI Bank MICR codes list for urla, one can further search by branch name specified in the table. You can find MICR codes for all IDBI urla branches.

IDBI Bank MICR code in urla

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for urla branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for IDBI branches in urla, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does IDBI MICR code for urla branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a IDBI urla branch, sprinted 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. Thus MICR code for IDBI Bank urla branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for urla branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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