IDBI Perintalmanna Malappuram Kerala MICR CODE

Find MICR Codes for IDBI Perintalmanna Malappuram 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 Urban Co Op Bank Ltd Main Branch
Contact 4933227346
Bank Details Idbi Bank Ltd The Urban Co Op Bank Ltd Main Branch IBKL0763P01
Location Perintalmanna, Malappuram
City Perintalmanna
District Malappuram
State Kerala
Pincode 679322
Country IN
Address Perinthal manna pb no 10 perinthalmanna pin 679322 malappuram (dt) kerala
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 676827152 for The Urban Co Op Bank Ltd Main 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 676827152 of IDBI Bank, The Urban Co Op Bank Ltd Main Branch branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Urban Co Op Bank Ltd Main Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for IDBI The Urban Co Op Bank Ltd Main 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 Urban Co Op Bank Ltd Main 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. 676827152 is the MICR code of IDBI for The Urban Co Op Bank Ltd Main Branch branch. MICR code for The Urban Co Op Bank Ltd Main 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 Urban Co Op Bank Ltd Main Branch is presented in the table alongside.

Use of IDBI Bank MICR code for The Urban Co Op Bank Ltd Main Branch branch in perintalmanna

The MICR code 676827152 is used in RBI cheque clearing process to identify the branch The Urban Co Op Bank Ltd Main 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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