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IDBI Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for IDBI Calicut Kozhikode Kerala

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MICR Code	673829044
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	The Kozhikode District Co Operative Bank Ltd. Elathur Branch
Contact	0495 2460062
Bank Details	Idbi Bank Ltd The Kozhikode District Co Operative Bank Ltd. Elathur Branch IBKL0114K48

Location	Calicut, Kozhikode
City	Calicut
District	Kozhikode
State	Kerala
Pincode	673303
Country	IN
Address	Leela complex, puthiyanirath, elathur (near elathur national lp school)

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.

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The Kozhikode District Co Operative Bank Ltd. Elathur Branch (673829044)

How does MICR code 673829044 for The Kozhikode District Co Operative Bank Ltd. Elathur Branch 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 673829044 of IDBI Bank, The Kozhikode District Co Operative Bank Ltd. Elathur Branch branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for The Kozhikode District Co Operative Bank Ltd. Elathur Branch 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 The Kozhikode District Co Operative Bank Ltd. Elathur Branch

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for The Kozhikode District Co Operative Bank Ltd. Elathur Branch 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. 673829044 is the MICR code of IDBI for The Kozhikode District Co Operative Bank Ltd. Elathur Branch branch. MICR code for The Kozhikode District Co Operative Bank Ltd. Elathur Branch 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 The Kozhikode District Co Operative Bank Ltd. Elathur Branch is presented in the table alongside.

Use of IDBI Bank MICR code for The Kozhikode District Co Operative Bank Ltd. Elathur Branch branch in calicut

The MICR code 673829044 is used in RBI cheque clearing process to identify the branch The Kozhikode District Co Operative Bank Ltd. Elathur Branch 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.