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IDFC Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for IDFC Coimbatore Coimbatore Tamil Nadu

MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimbatore Branch
Contact 9952917040
Bank Details IDFC Bank Ltd Coimbatore Branch IDFB0080531
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641045
Country IN
Address First floor, a.m.i. Midtown building,d.b.road,, door no. 25a-2,rs puram,db road, coimbatore, 641002
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 641751002 for Coimbatore 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 641751002 of IDFC Bank, Coimbatore Branch branch makes the system almost error free and faster. Use of IDFC Bank MICR codes for Coimbatore Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of IDFC Bank Ltd are available with micr code -

>>Coimbatore Avanashi Road Branch >>Coimbatore Branch >>Coimbatore Saibaba Colony Branch >>Coimbatoresinganallur Branch

MICR code for IDFC Coimbatore Branch

IDFC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDFC Bank MICR code for Coimbatore 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. 641751002 is the MICR code of IDFC for Coimbatore Branch branch. MICR code for Coimbatore 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 IDFC Bank Coimbatore Branch is presented in the table alongside.

Use of IDFC Bank MICR code for Coimbatore Branch branch in coimbatore

The MICR code 641751002 is used in RBI cheque clearing process to identify the branch Coimbatore Branch and IDFC 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 IDFC is typically in either of these two font’s: E-138 and CMC-7.