Kozhikode District Bank Malaparamba Kozhikode Kerala MICR CODE

Find MICR Codes for Kozhikode District Bank Malaparamba Kozhikode Kerala

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MICR Code
Bank Kozhikode District Cooperative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malaparamba
Contact 2370124
Bank Details Kozhikode District Cooperative Bank Malaparamba KDCB0000016
Location Malaparamba, Kozhikode
City Malaparamba
District Kozhikode
State Kerala
Pincode 673009
Country IN
Address Ruby plaza, malaparamba.p.o, kozhikode, pin 673 009
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 673829007 for Malaparamba 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 673829007 of Kozhikode Bank, Malaparamba branch makes the system almost error free and faster. Use of Kozhikode Bank MICR codes for Malaparamba branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kozhikode District Cooperative Bank are available with micr code -

>>Malaparamba

MICR code for Kozhikode District Bank Malaparamba

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 Malaparamba 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. 673829007 is the MICR code of Kozhikode District Coop Bank for Malaparamba branch. MICR code for Malaparamba 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 Malaparamba is presented in the table alongside.

Use of Kozhikode Bank MICR code for Malaparamba branch in malaparamba

The MICR code 673829007 is used in RBI cheque clearing process to identify the branch Malaparamba 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.

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