IDFC Pune Pune Maharashtra MICR CODE

Find MICR Codes for IDFC Pune Pune Maharashtra

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MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pune Law College Road Branch
Contact 9823989884
Bank Details IDFC Bank Ltd Pune Law College Road Branch IDFB0041352
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411004
Country IN
Address Upper, gorund & mezzanine floor,, unit no 01, s. No-815, tandale heights,, law college road, shivaji nagar, 411004
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 411751003 for Pune Law College Road 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 411751003 of IDFC Bank, Pune Law College Road Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Pune Law College Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDFC Pune Law College Road 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 Pune Law College Road 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. 411751003 is the MICR code of IDFC for Pune Law College Road Branch branch. MICR code for Pune Law College Road 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 Pune Law College Road Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Pune Law College Road Branch branch in pune

The MICR code 411751003 is used in RBI cheque clearing process to identify the branch Pune Law College Road 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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