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IDBI Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for IDBI Calicut Kozhikode Kerala

Bank
State
District
City
Branch
Address

MICR Code	673259004
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	Nadapuram
Contact	0496-2553732 0496-2554732 / 04962551732
Bank Details	Idbi Bank Ltd Nadapuram IBKL0001307

Location	Calicut, Kozhikode
City	Calicut
District	Kozhikode
State	Kerala
Pincode	673504
Country	IN
Address	First floor ,p m tower kallachi, nadapuram, kerala-673504

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 673259004 for Nadapuram 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 673259004 of IDBI Bank, Nadapuram branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Nadapuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of Idbi Bank Ltd are available with micr code -

MICR code for IDBI Nadapuram

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Nadapuram 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. 673259004 is the MICR code of IDBI for Nadapuram branch. MICR code for Nadapuram 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 Nadapuram is presented in the table alongside.

Use of IDBI Bank MICR code for Nadapuram branch in calicut

The MICR code 673259004 is used in RBI cheque clearing process to identify the branch Nadapuram 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.