IDFC Bangalore Urban Bangalore Karnataka MICR CODE

Find MICR Codes for IDFC Bangalore Urban Bangalore Karnataka

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MICR Code	-NA-
Bank	IDFC Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Basavanagudi Branch
Contact
Bank Details	IDFC Bank Ltd Basavanagudi Branch IDFB0080173

Location	Bangalore Urban, Bangalore
City	Bangalore Urban
District	Bangalore
State	Karnataka
Pincode	560004
Country	IN
Address	Gr flr no 8/3, pid no. 49-6-8/3, bull temple road, basavanagudi, bangalore 560004

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 0 for Basavanagudi Branch 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 0 of IDFC Bank, Basavanagudi Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Basavanagudi Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of IDFC Bank Ltd are available with micr code -

>>Banashankari Third Stage Branch >>Bangalore Aecs Layout Branch >>Bangalore Basaveshwara Nagar Branch >>Bangalore Hsr Layout Sector Three Branch >>Bangalore Jakkur Branch >>Bangalore Jp Nagar Fifth Phase Branch >>Bangalore Langford Road Branch >>Bangalore Vijaynagar Branch >>Bangalore Yelahanka Branch >>Bangalorebanashankari Brancg >>Bangaloreelectronic City Branch >>Bangalorekasturi Nagar Branch >>Basavanagudi Branch >>Chandra Layout Branch >>Frazer Town Branch >>Hsr Layout Branch >>R T Nagar Branch >>Thubarahalli Branch

MICR code for IDFC Basavanagudi Branch

IDFC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDFC Bank MICR code for Basavanagudi Branch 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. 0 is the MICR code of IDFC for Basavanagudi Branch branch. MICR code for Basavanagudi Branch 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 IDFC Bank Basavanagudi Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Basavanagudi Branch branch in bangalore urban

The MICR code 0 is used in RBI cheque clearing process to identify the branch Basavanagudi Branch and IDFC 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 IDFC is typically in either of these two font’s: E-138 and CMC-7.

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