Irinjalakuda Town Cooperative Bank Ltd Cheruthuruthi Thrissur Kerala MICR CODE

Find MICR Codes for Irinjalakuda Town Cooperative Bank Ltd Cheruthuruthi Thrissur Kerala

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MICR Code
Bank Irinjalakuda Town Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cheruthuruthi Branch
Contact 4264079
Bank Details Irinjalakuda Town Co-Operative Bank Ltd Cheruthuruthi Branch ITBL0000124
Location Cheruthuruthi, Thrissur
City Cheruthuruthi
District Thrissur
State Kerala
Pincode 679531
Country IN
Address Cheruthuruthi junction,cheruthruthi,679531
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 680814220 for Cheruthuruthi 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 680814220 of ITU Bank, Cheruthuruthi Branch branch makes the system almost error free and faster. Use of ITU Bank MICR codes for Cheruthuruthi Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Irinjalakuda Town Co-Operative Bank Ltd are available with micr code -

>>Cheruthuruthi Branch

MICR code for Irinjalakuda Town Cooperative Bank Ltd Cheruthuruthi Branch

Irinjalakuda Town Cooperative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ITU Bank MICR code for Cheruthuruthi 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. 680814220 is the MICR code of Irinjalakuda Town Cooperative Bank Ltd for Cheruthuruthi Branch branch. MICR code for Cheruthuruthi 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 ITU Bank Cheruthuruthi Branch is presented in the table alongside.

Use of ITU Bank MICR code for Cheruthuruthi Branch branch in cheruthuruthi

The MICR code 680814220 is used in RBI cheque clearing process to identify the branch Cheruthuruthi Branch and ITU 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 Irinjalakuda Town Cooperative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.

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