IDBI Kochi Ernakulam Kerala MICR CODE

Find MICR Codes for IDBI Kochi Ernakulam 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 People S Urban Cooperative Bank Tripunithura
Contact 2776446
Bank Details Idbi Bank Ltd The People S Urban Cooperative Bank Tripunithura IBKL0341PUB
Location Kochi, Ernakulam
City Kochi
District Ernakulam
State Kerala
Pincode 682301
Country IN
Address The people s urban cooperative bank,near old bus stand,ernakulam district,tripunithura -682301
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 0 for The People S Urban Cooperative Bank Tripunithura 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 0 of IDBI Bank, The People S Urban Cooperative Bank Tripunithura branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The People S Urban Cooperative Bank Tripunithura branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI The People S Urban Cooperative Bank Tripunithura

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 People S Urban Cooperative Bank Tripunithura 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. 0 is the MICR code of IDBI for The People S Urban Cooperative Bank Tripunithura branch. MICR code for The People S Urban Cooperative Bank Tripunithura 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 People S Urban Cooperative Bank Tripunithura is presented in the table alongside.

Use of IDBI Bank MICR code for The People S Urban Cooperative Bank Tripunithura branch in kochi

The MICR code 0 is used in RBI cheque clearing process to identify the branch The People S Urban Cooperative Bank Tripunithura 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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