IDBI Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for IDBI Mangalore Dakshin Kannad Karnataka

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MICR Code	575259003
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	Kodialbail Mangalore
Contact	Jaikishore Pai Mob No: 9986123099
Bank Details	Idbi Bank Ltd Kodialbail Mangalore IBKL0001117

Location	Mangalore, Dakshin Kannad
City	Mangalore
District	Dakshin Kannad
State	Karnataka
Pincode	575003
Country	IN
Address	Idbi bank ltd, near passport office,navabharath circle, kodialbail, mangalore- 57500

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 575259003 for Kodialbail Mangalore 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 575259003 of IDBI Bank, Kodialbail Mangalore branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Kodialbail Mangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Idbi Bank Ltd are available with micr code -

>>Kodialbail Mangalore >>Mahalakshmi Co Operative Bank Ltd Udupi >>Mahalakshmi Co Operative Bank Ltd Udupi >>Sri Bhagavathi Co Operative Bank Ltd >>Sri Gokarnath Cooperative Bank Limited >>Teachers Co Operative Bank Ltd. >>The Mangalore Co Operative Town Bank Limited >>The South Canara District Central Co Operative Bank

MICR code for IDBI Kodialbail Mangalore

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Kodialbail Mangalore 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. 575259003 is the MICR code of IDBI for Kodialbail Mangalore branch. MICR code for Kodialbail Mangalore 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 Kodialbail Mangalore is presented in the table alongside.

Use of IDBI Bank MICR code for Kodialbail Mangalore branch in mangalore

The MICR code 575259003 is used in RBI cheque clearing process to identify the branch Kodialbail Mangalore 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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