IDBI Visakhapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for IDBI Visakhapatnam Vishakhapatnam Andhra Pradesh

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Seethammadhara
Contact Sai Gopal Patro Ch 8096066999
Bank Details Idbi Bank Ltd Seethammadhara IBKL0001018
Location Visakhapatnam, Vishakhapatnam
City Visakhapatnam
District Vishakhapatnam
State Andhra Pradesh
Pincode 530013
Country IN
Address D.no:50-40-16/1, bhupathi plaza , gurudwarada jn, seethammadhara, vishakapatnam-530013
MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Retail Asset Vizag
Contact C.Ramesh; 9866143588
Bank Details Idbi Bank Ltd Retail Asset Vizag IBKL0000816
Location Visakhapatnam, Vishakhapatnam
City Visakhapatnam
District Vishakhapatnam
State Andhra Pradesh
Pincode 530003
Country IN
Address Balaji mangal giri chambers 5 c, 4th floor,door no - 9-29/6-1 siripuram visakhapatnam pin : 530003 andhra pradesh board line 1 : 0891-6622330/36
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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 vishakhapatnam

You can search through MICR Codes of Andhra Pradesh branches in visakhapatnam of District vishakhapatnam in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for IDBI in visakhapatnam?

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

IDBI Bank MICR code in visakhapatnam

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for visakhapatnam 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 visakhapatnam, 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 visakhapatnam 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 visakhapatnam 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 visakhapatnam branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for visakhapatnam 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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