IDBI Cannur Cannur Kerala MICR CODE

Find MICR Codes for IDBI Cannur Cannur 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 Kannur Co Operative Urban Bank Ltd.
Contact 0497 2706642
Bank Details Idbi Bank Ltd The Kannur Co Operative Urban Bank Ltd. IBKL0340KU1
Location Cannur, Cannur
City Cannur
District Cannur
State Kerala
Pincode 670001
Country IN
Address Main branch raman centre, bank road, kannur - 670001
MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Kannur Co Operative Urban Bank Ltd.
Contact 0497 2707715
Bank Details Idbi Bank Ltd The Kannur Co Operative Urban Bank Ltd. IBKL0340KU2
Location Cannur, Cannur
City Cannur
District Cannur
State Kerala
Pincode 670002
Country IN
Address City branch, kannur near yatri nivas,thavakkara, kannur - 670002
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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 670801002 for The Kannur Co Operative Urban Bank Ltd. 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 670801002 of IDBI Bank, The Kannur Co Operative Urban Bank Ltd. branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Kannur Co Operative Urban Bank Ltd. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI The Kannur Co Operative Urban Bank Ltd.

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 Kannur Co Operative Urban Bank Ltd. 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. 670801002 is the MICR code of IDBI for The Kannur Co Operative Urban Bank Ltd. branch. MICR code for The Kannur Co Operative Urban Bank Ltd. 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 Kannur Co Operative Urban Bank Ltd. is presented in the table alongside.

Use of IDBI Bank MICR code for The Kannur Co Operative Urban Bank Ltd. branch in cannur

The MICR code 670801002 is used in RBI cheque clearing process to identify the branch The Kannur Co Operative Urban Bank Ltd. 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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