Let Others Know
×
LinkedIn
Email
WhatsApp

Idukki Bank Head Office Idukki Kerala MICR CODE

Find MICR Codes for Idukki Bank Head Office Idukki Kerala

MICR Code
Bank Idukki District Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Head Office
Contact 235292
Bank Details Idukki District Co-Operative Bank Ltd Head Office IDUK0000055
Location Head Office, Idukki
City Head Office
District Idukki
State Kerala
Pincode 685602
Country IN
Address Head office,idukki,p.b.no.2,idukki colony p.o.pin 685 602
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 0 for Head Office 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 0 of Idukki Coop Bank, Head Office branch makes the system almost error free and faster. Use of Idukki Coop Bank MICR codes for Head Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Idukki District Co-Operative Bank Ltd are available with micr code -

>>Head Office

MICR code for Idukki Bank Head Office

Idukki Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Idukki Coop Bank MICR code for Head Office 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. 0 is the MICR code of Idukki District Bank for Head Office branch. MICR code for Head Office 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 Idukki Coop Bank Head Office is presented in the table alongside.

Use of Idukki Coop Bank MICR code for Head Office branch in head office

The MICR code 0 is used in RBI cheque clearing process to identify the branch Head Office and Idukki Coop 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 Idukki District Bank is typically in either of these two font’s: E-138 and CMC-7.