IDFC Khordha Khurda Bhubaneshwar Orissa MICR CODE

Find MICR Codes for IDFC Khordha Khurda Bhubaneshwar Orissa

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MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhubaneshwarbaramunda Branch
Contact 0
Bank Details IDFC Bank Ltd Bhubaneshwarbaramunda Branch IDFB0060245
Location Khordha Khurda, Bhubaneshwar
City Khordha Khurda
District Bhubaneshwar
State Orissa
Pincode 751003
Country IN
Address Ground and 1st floor, plot m - 15, unit - g101 & f - 201, pgl city mart, h b colony, opp fire station, baramunda, bhubaneshwar, odisha - 751003
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 Bhubaneshwarbaramunda 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, Bhubaneshwarbaramunda Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Bhubaneshwarbaramunda Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of IDFC Bank Ltd are available with micr code -

>>Bhubaneshwarbaramunda Branch

MICR code for IDFC Bhubaneshwarbaramunda 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 Bhubaneshwarbaramunda 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 Bhubaneshwarbaramunda Branch branch. MICR code for Bhubaneshwarbaramunda 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 Bhubaneshwarbaramunda Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Bhubaneshwarbaramunda Branch branch in khordha khurda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhubaneshwarbaramunda 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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