IDFC Bhilwara Bhilwara Rajasthan MICR CODE

Find MICR Codes for IDFC Bhilwara Bhilwara Rajasthan

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MICR Code	311751002
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	Bhilwara Branch
Contact	0
Bank Details	IDFC Bank Ltd Bhilwara Branch IDFB0042321

Location	Bhilwara, Bhilwara
City	Bhilwara
District	Bhilwara
State	Rajasthan
Pincode	311001
Country	IN
Address	Upper ground floor,shop no 8,9,10&11,b block,s k plaza,khasra no.2030,pur road,bhilwara,rajasthan,311001

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 311751002 for Bhilwara 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 311751002 of IDFC Bank, Bhilwara Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Bhilwara Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of IDFC Bank Ltd are available with micr code -

>>Bhilwara Branch >>Bhilwara Gandhi Nagar Branch

MICR code for IDFC Bhilwara 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 Bhilwara 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. 311751002 is the MICR code of IDFC for Bhilwara Branch branch. MICR code for Bhilwara 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 Bhilwara Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Bhilwara Branch branch in bhilwara

The MICR code 311751002 is used in RBI cheque clearing process to identify the branch Bhilwara 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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