MICR Code Of Idbi Bank Chandrapur, Rahata, Maharashtra

MICR CODE 422259504
Bank Idbi Bank
Branch Chandrapur
IFSC Code IFSC Code Idbi Bank
Address Yashoda Bldg.s.no.55 At Chandrapur Loni Bk Tal Rahata Dist Ahmednagar Pin 413736
City Rahata
State Maharashtra

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What is a MICR Code?

Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).