IDBI Varachha Surat Gujarat MICR CODE

Find MICR Codes for IDBI Varachha Surat Gujarat

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MICR Code	395259006
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	Varachha
Contact	0261-2556256/7/8
Bank Details	Idbi Bank Ltd Varachha IBKL0000290

Location	Varachha, Surat
City	Varachha
District	Surat
State	Gujarat
Pincode	395006
Country	IN
Address	54,harirambapa nagar, opposite new shakti vijay society, near baroda prestege, varachha main road, surat gujarat 395006

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 395259006 for Varachha 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 395259006 of IDBI Bank, Varachha branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Varachha 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 -

>>Varachha

MICR code for IDBI Varachha

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Varachha 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. 395259006 is the MICR code of IDBI for Varachha branch. MICR code for Varachha 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 Varachha is presented in the table alongside.

Use of IDBI Bank MICR code for Varachha branch in varachha

The MICR code 395259006 is used in RBI cheque clearing process to identify the branch Varachha 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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