IDFC Pune Pune (M Corp.) Maharashtra MICR CODE

Find MICR Codes for IDFC Pune Pune (M Corp.) Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	411751007
Bank	IDFC Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Wakad Branch
Contact	0
Bank Details	IDFC Bank Ltd Wakad Branch IDFB0041354

Location	Pune, Pune (M Corp.)
City	Pune
District	Pune (M Corp.)
State	Maharashtra
Pincode	411057
Country	IN
Address	G o square, ground floor, showroom no4 a,building no a, wakad, pune 411057, toll free number 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 411751007 for Wakad 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 411751007 of IDFC Bank, Wakad Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Wakad 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 -

>>Wakad Branch

MICR code for IDFC Wakad 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 Wakad 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. 411751007 is the MICR code of IDFC for Wakad Branch branch. MICR code for Wakad 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 Wakad Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Wakad Branch branch in pune

The MICR code 411751007 is used in RBI cheque clearing process to identify the branch Wakad 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.

Copied!