IDFC Navi Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for IDFC Navi Mumbai Thane Maharashtra

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MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Inorbit Mall Vashi Branch
Contact
Bank Details IDFC Bank Ltd Mumbai Inorbit Mall Vashi Branch IDFB0040147
Location Navi Mumbai, Thane
City Navi Mumbai
District Thane
State Maharashtra
Pincode 400703
Country IN
Address Hypercity, plot no. 39/1, inorbit mall, inorbit by pass road, sector 30a, vashi, navi mumbai, maharashtra 400703, 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 Mumbai Inorbit Mall Vashi 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, Mumbai Inorbit Mall Vashi Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Mumbai Inorbit Mall Vashi Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of IDFC Bank Ltd are available with micr code -

>>Door Step Banking >>Mumbai Inorbit Mall Vashi Branch >>Navi Mumbai Cbd Belapur Branch >>Navimumbai Airoli Branch >>Sanpada Branch >>Seawoods Branch

MICR code for IDFC Mumbai Inorbit Mall Vashi 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 Mumbai Inorbit Mall Vashi 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 Mumbai Inorbit Mall Vashi Branch branch. MICR code for Mumbai Inorbit Mall Vashi 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 Mumbai Inorbit Mall Vashi Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Mumbai Inorbit Mall Vashi Branch branch in navi mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mumbai Inorbit Mall Vashi 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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