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Idukki Bank Mundakayam East Idukki Kerala MICR CODE

Find MICR Codes for Idukki Bank Mundakayam East Idukki Kerala

MICR Code:
Bank: Idukki District Co-Operative Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Mundakayam East
Contact: 8547800109
Bank Details: Idukki District Co-Operative Bank Ltd Mundakayam East IDUK0000009
Location: Mundakayam East, Idukki
City: Mundakayam East
District: Idukki
State: Kerala
Pincode:
Country: IN
Address: Mundakkayam east branch,mundakkayam east p.o,pin 686 513
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.

Search Idukki Bank MICR Codes in idukki

You can search through MICR Codes of Kerala branches in mundakayam east of District idukki in Kerala State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for Idukki Bank in mundakayam east?

Idukki Bank mundakayam east MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Idukki Coop Bank MICR codes list for mundakayam east, one can further search by branch name specified in the table. You can find MICR codes for all Idukki Bank mundakayam east branches.

Idukki Coop Bank MICR code in mundakayam east

Idukki Bank MICR code is a character recognition technology used by banks in the processing of cheques. Idukki Coop Bank MICR code for mundakayam east branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Idukki District Bank branches in mundakayam east, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Idukki District Bank MICR code for mundakayam east branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Idukki Bank mundakayam east branch, sprinted 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. Thus MICR code for Idukki Coop Bank mundakayam east branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Idukki District Bank MICR codes for mundakayam east branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!