IDFC Fatehgarh Sahib Sirhnd Punjab MICR CODE

Find MICR Codes for IDFC Fatehgarh Sahib Sirhnd Punjab

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MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sirhnd Branch
Contact 0
Bank Details IDFC Bank Ltd Sirhnd Branch IDFB0022251
Location Fatehgarh Sahib, Sirhnd
City Fatehgarh Sahib
District Sirhnd
State Punjab
Pincode 140406
Country IN
Address Upper ground & first floor, khatauni no. 356/489, rakba, bassi road, sirhnd, fatehgarh sahib, punjab- 140406, toll free no.- 18602582000
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 Sirhnd 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, Sirhnd Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Sirhnd 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 -

>>Sirhnd Branch

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

Use of IDFC Bank MICR code for Sirhnd Branch branch in fatehgarh sahib

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