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 Manjeri
Contact 9746466533
Bank Details Idbi Bank Ltd Manjeri IBKL0001341
Location Manjeri, Malappuram
City Manjeri
District Malappuram
State Kerala
Pincode 676121
Country IN
Address 15/855, maranat chambers, court road, manjeri, kerala - 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 676259052 for Manjeri 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 676259052 of IDBI Bank, Manjeri branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Manjeri 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 Manjeri

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Manjeri 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. 676259052 is the MICR code of IDBI for Manjeri branch. MICR code for Manjeri 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 Manjeri is presented in the table alongside.

Use of IDBI Bank MICR code for Manjeri branch in manjeri

The MICR code 676259052 is used in RBI cheque clearing process to identify the branch Manjeri 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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