IDFC Kadur Chikmagalur Karnataka MICR CODE

Find MICR Codes for IDFC Kadur Chikmagalur Karnataka

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MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kadur Branch
Contact
Bank Details IDFC Bank Ltd Kadur Branch IDFB0080952
Location Kadur, Chikmagalur
City Kadur
District Chikmagalur
State Karnataka
Pincode 577548
Country IN
Address Ground floor, ub road, near govt. Ksrtc bus stand, opp. To darshan eye care, karnataka state, district chikmagalur, kadur - 577548, toll free no. 18004194332
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 Kadur 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, Kadur Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Kadur 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 -

>>Kadur Branch

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

Use of IDFC Bank MICR code for Kadur Branch branch in kadur

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