IDBI Manjeri Malappuram Kerala MICR CODE

Find MICR Codes for IDBI Manjeri Malappuram Kerala

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malappuram District Co Operative Bank Manjeri Evening
Contact 0483-2766196
Bank Details Idbi Bank Ltd Malappuram District Co Operative Bank Manjeri Evening IBKL0209M12
Location Manjeri, Malappuram
City Manjeri
District Malappuram
State Kerala
Pincode 676121
Country IN
Address The malappuram district co op bank ltd, manjeri evening branch, manjeri po,pin-676121
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 676822054 for Malappuram District Co Operative Bank Manjeri Evening 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 676822054 of IDBI Bank, Malappuram District Co Operative Bank Manjeri Evening branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Malappuram District Co Operative Bank Manjeri Evening branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Idbi Bank Ltd are available with micr code -

>>Malappuram District Co Operative Bank Manjeri >>Malappuram District Co Operative Bank Manjeri Evening >>Manjeri

MICR code for IDBI Malappuram District Co Operative Bank Manjeri Evening

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Malappuram District Co Operative Bank Manjeri Evening 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. 676822054 is the MICR code of IDBI for Malappuram District Co Operative Bank Manjeri Evening branch. MICR code for Malappuram District Co Operative Bank Manjeri Evening 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 Malappuram District Co Operative Bank Manjeri Evening is presented in the table alongside.

Use of IDBI Bank MICR code for Malappuram District Co Operative Bank Manjeri Evening branch in manjeri

The MICR code 676822054 is used in RBI cheque clearing process to identify the branch Malappuram District Co Operative Bank Manjeri Evening 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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