Kozhikode District Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kozhikode Bank MICR code for Koduvally 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. 673829041 is the MICR code of Kozhikode District Coop Bank for Koduvally branch. MICR code for Koduvally 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 Kozhikode Bank Koduvally is presented in the table alongside.
The MICR code 673829041 is used in RBI cheque clearing process to identify the branch Koduvally and Kozhikode 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 Kozhikode District Coop Bank is typically in either of these two font’s: E-138 and CMC-7.