IDBI Kochi Ernakulam Kerala MICR CODE

Find MICR Codes for IDBI Kochi Ernakulam Kerala

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kochi Main Branch
Contact (0755)2558415
Bank Details Idbi Bank Ltd Kochi Main Branch IBKL0000137
Location Kochi, Ernakulam
City Kochi
District Ernakulam
State Kerala
Pincode 695010
Country IN
Address 6, malaviya nagar, near raj bhavanadj. To lic,
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 682259003 for Kochi Main 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 682259003 of IDBI Bank, Kochi Main Branch branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kochi Main Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI Kochi Main Branch

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kochi Main 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. 682259003 is the MICR code of IDBI for Kochi Main Branch branch. MICR code for Kochi Main 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 IDBI Bank Kochi Main Branch is presented in the table alongside.

Use of IDBI Bank MICR code for Kochi Main Branch branch in kochi

The MICR code 682259003 is used in RBI cheque clearing process to identify the branch Kochi Main Branch 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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