IDBI Kollam Kollam Kerala MICR CODE

Find MICR Codes for IDBI Kollam Kollam Kerala

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MICR Code	691808005
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kadavoor
Contact	2702310
Bank Details	Idbi Bank Ltd Kadavoor IBKL0737CU5

Location	Kollam, Kollam
City	Kollam
District	Kollam
State	Kerala
Pincode	691601
Country	IN
Address	Aquar building ottakkallu ward no 10 kadavoor po kollam -691601

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 691808005 for Kadavoor 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 691808005 of IDBI Bank, Kadavoor branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kadavoor branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Idbi Bank Ltd are available with micr code -

>>Kadavoor >>Kollam >>Main >>Pullichira >>Thangassery >>The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu >>The Coastal Urban Cooperative Bank Ltd No.Ramankulangara >>The Kerala State Co Operative Bank Ltd >>The Quilon Co Operative Urban Bank Ltd. Eravipuram >>The Quilon Coop Urban Bank Ltd Chandanathoppu >>The Quilon Cooperative Urban Bank Ltd No Kundara >>The Quilon Cooperative Urban Bank Ltd No. >>The Quilon Cooperative Urban Bank Ltd No.Paravoor >>Thequiloncoopurban Bankvaddy >>Thequiloncoopurbanbankasramam >>Thequiloncoopurbanbankayathil >>Thequiloncoopurbanbankevening >>Thequiloncoopurbanbankmainbranch >>Thequiloncoopurbanbankmulankadakom >>Thequiloncoopurbanbankmundakkal >>Thequiloncoopurbanbankthevally

MICR code for IDBI Kadavoor

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kadavoor 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. 691808005 is the MICR code of IDBI for Kadavoor branch. MICR code for Kadavoor 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 IDBI Bank Kadavoor is presented in the table alongside.

Use of IDBI Bank MICR code for Kadavoor branch in kollam

The MICR code 691808005 is used in RBI cheque clearing process to identify the branch Kadavoor and IDBI 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 IDBI is typically in either of these two font’s: E-138 and CMC-7.

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