IDBI Ernakulam Kochi Kerala MICR CODE

Find MICR Codes for IDBI Ernakulam Kochi Kerala

MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thoppumpady
Contact 2311434
Bank Details Idbi Bank Ltd Thoppumpady IBKL0001893
Location Ernakulam, Kochi
City Ernakulam
District Kochi
State Kerala
Pincode 682005
Country IN
Address Mk arcade,14/1553 fr.mathew kothakathu road,chullickal,kochi -682005
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 682259009 for Thoppumpady 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 682259009 of IDBI Bank, Thoppumpady branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Thoppumpady branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Thoppumpady

MICR code for IDBI Thoppumpady

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Thoppumpady 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. 682259009 is the MICR code of IDBI for Thoppumpady branch. MICR code for Thoppumpady 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 Thoppumpady is presented in the table alongside.

Use of IDBI Bank MICR code for Thoppumpady branch in ernakulam

The MICR code 682259009 is used in RBI cheque clearing process to identify the branch Thoppumpady 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.

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