IDBI Narayangaon Pune Maharashtra MICR CODE

Find MICR Codes for IDBI Narayangaon Pune Maharashtra

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MICR Code	410259152
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	Warulwadi
Contact	02132-242324
Bank Details	Idbi Bank Ltd Warulwadi IBKL0001386

Location	Narayangaon, Pune
City	Narayangaon
District	Pune
State	Maharashtra
Pincode	410504
Country	IN
Address	A/p-ward no.06, warulwadi (narayangaon), pune-nashik highway, tal-junnar,dist-pune,pin no.410504

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 410259152 for Warulwadi 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 410259152 of IDBI Bank, Warulwadi branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Warulwadi 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 -

>>Warulwadi

MICR code for IDBI Warulwadi

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Warulwadi 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. 410259152 is the MICR code of IDBI for Warulwadi branch. MICR code for Warulwadi 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 Warulwadi is presented in the table alongside.

Use of IDBI Bank MICR code for Warulwadi branch in narayangaon

The MICR code 410259152 is used in RBI cheque clearing process to identify the branch Warulwadi 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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