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Exim Bank Of India Kochi Kochi Kerala MICR CODE

Find MICR Codes for Exim Bank Of India Kochi Kochi Kerala

MICR Code
Bank Export Import Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kochi
Contact 2370507
Bank Details Export Import Bank Of India Kochi DOHB0000003
Location Kochi, Kochi
City Kochi
District Kochi
State Kerala
Pincode 682018
Country IN
Address 1st floor, golden plaza, chittoor road, opp mymoon theater, ernakulam, kochi 682018
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 Kochi 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 Export Import Bank Of India, Kochi branch makes the system almost error free and faster. Use of Export Import Bank Of India MICR codes for Kochi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Export Import Bank Of India are available with micr code -

>>Kochi

MICR code for Exim Bank Of India Kochi

Exim Bank Of India MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Export Import Bank Of India MICR code for Kochi 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 Exim Bank Of India for Kochi branch. MICR code for Kochi 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 Export Import Bank Of India Kochi is presented in the table alongside.

Use of Export Import Bank Of India MICR code for Kochi branch in kochi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kochi and Export Import Bank Of India 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 Exim Bank Of India is typically in either of these two font’s: E-138 and CMC-7.