IDBI Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for IDBI Coimbatore Coimbatore Tamil Nadu

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rs Puram
Contact Mr. Vineeth Chandran R, Branch Head, Mobile No: 9042879593; Mr.Karthikeyan P, Service & Operations Manager, Mobile No: 9884057980; Mr. Chellapillai Iyappan, Relationship Manager, Mobile Number: 9789364818
Bank Details Idbi Bank Ltd Rs Puram IBKL0001141
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641002
Country IN
Address Idbi bank ltd, no 93/94/95 prasad chambers, east arokiyasamy road, r s puram, near annapoorna hotel, coimbatore 641 002.
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 641259006 for Rs Puram 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 641259006 of IDBI Bank, Rs Puram branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Rs Puram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Idbi Bank Ltd are available with micr code -

>>Ccu Coimbatore >>Coimbatore (Corporate Banking Branch) >>Coimbatore Raja Street >>Ganapathy >>Retail Asset Coimbatore >>Rs Puram

MICR code for IDBI Rs Puram

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Rs Puram 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. 641259006 is the MICR code of IDBI for Rs Puram branch. MICR code for Rs Puram 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 Rs Puram is presented in the table alongside.

Use of IDBI Bank MICR code for Rs Puram branch in coimbatore

The MICR code 641259006 is used in RBI cheque clearing process to identify the branch Rs Puram 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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