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IDBI Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for IDBI Coimbatore Coimbotore Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	641259002
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Coimabatore
Contact	0422-210156-59
Bank Details	Idbi Bank Ltd Coimabatore IBKL0000006

Location	Coimbatore, Coimbotore
City	Coimbatore
District	Coimbotore
State	Tamil Nadu
Pincode	641003
Country	IN
Address	1078, viscose towers,ground floor, avinashi road,

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 641259002 for Coimabatore 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 641259002 of IDBI Bank, Coimabatore branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Coimabatore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Idbi Bank Ltd are available with micr code -

>>Coimabatore >>Coimbatore Main Branch

MICR code for IDBI Coimabatore

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Coimabatore 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. 641259002 is the MICR code of IDBI for Coimabatore branch. MICR code for Coimabatore 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 Coimabatore is presented in the table alongside.

Use of IDBI Bank MICR code for Coimabatore branch in coimbatore

The MICR code 641259002 is used in RBI cheque clearing process to identify the branch Coimabatore 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.