IDBI Vythiri Wayanad Kerala MICR CODE

Find MICR Codes for IDBI Vythiri Wayanad 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 Sultan S Battery Cooperative Urban Bank Ltd. Vythiri
Contact 4936-256292
Bank Details Idbi Bank Ltd The Sultan S Battery Cooperative Urban Bank Ltd. Vythiri IBKL0SBCB11
Location Vythiri, Wayanad
City Vythiri
District Wayanad
State Kerala
Pincode
Country IN
Address C v building,main road,vythiri
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 Sultan S Battery Cooperative Urban Bank Ltd. Vythiri 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 Sultan S Battery Cooperative Urban Bank Ltd. Vythiri branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Sultan S Battery Cooperative Urban Bank Ltd. Vythiri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>The Sultan S Battery Cooperative Urban Bank Ltd. Vythiri

MICR code for IDBI The Sultan S Battery Cooperative Urban Bank Ltd. Vythiri

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 Sultan S Battery Cooperative Urban Bank Ltd. Vythiri 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 Sultan S Battery Cooperative Urban Bank Ltd. Vythiri branch. MICR code for The Sultan S Battery Cooperative Urban Bank Ltd. Vythiri 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 Sultan S Battery Cooperative Urban Bank Ltd. Vythiri is presented in the table alongside.

Use of IDBI Bank MICR code for The Sultan S Battery Cooperative Urban Bank Ltd. Vythiri branch in vythiri

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Sultan S Battery Cooperative Urban Bank Ltd. Vythiri 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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