IDBI Changanassery Kottayam Kerala MICR CODE

Find MICR Codes for IDBI Changanassery Kottayam Kerala

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Changanacherry Co Operative Urban Bank Ltd. Mammood Branch
Contact 4812472119
Bank Details Idbi Bank Ltd The Changanacherry Co Operative Urban Bank Ltd. Mammood Branch IBKL01088C2
Location Changanassery, Kottayam
City Changanassery
District Kottayam
State Kerala
Pincode 686553
Country IN
Address Mammood p o, changanacherry, 686 553
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 686817053 for The Changanacherry Co Operative Urban Bank Ltd. Mammood 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 686817053 of IDBI Bank, The Changanacherry Co Operative Urban Bank Ltd. Mammood Branch branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Changanacherry Co Operative Urban Bank Ltd. Mammood Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI The Changanacherry Co Operative Urban Bank Ltd. Mammood 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 The Changanacherry Co Operative Urban Bank Ltd. Mammood 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. 686817053 is the MICR code of IDBI for The Changanacherry Co Operative Urban Bank Ltd. Mammood Branch branch. MICR code for The Changanacherry Co Operative Urban Bank Ltd. Mammood 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 The Changanacherry Co Operative Urban Bank Ltd. Mammood Branch is presented in the table alongside.

Use of IDBI Bank MICR code for The Changanacherry Co Operative Urban Bank Ltd. Mammood Branch branch in changanassery

The MICR code 686817053 is used in RBI cheque clearing process to identify the branch The Changanacherry Co Operative Urban Bank Ltd. Mammood 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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