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Idukki Bank Nedumkandam Town Idukki Kerala MICR CODE

Find MICR Codes for Idukki Bank Nedumkandam Town Idukki Kerala

MICR Code
Bank Idukki District Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nedumkandam Town
Contact 8547880235
Bank Details Idukki District Co-Operative Bank Ltd Nedumkandam Town IDUK0000052
Location Nedumkandam Town, Idukki
City Nedumkandam Town
District Idukki
State Kerala
Pincode 685553
Country IN
Address Nedumkandom town branch,nedumkandom p.o,pin 685 553
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 685818056 for Nedumkandam Town 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 685818056 of Idukki Coop Bank, Nedumkandam Town branch makes the system almost error free and faster. Use of Idukki Coop Bank MICR codes for Nedumkandam Town 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 -

>>Nedumkandam Town

MICR code for Idukki Bank Nedumkandam Town

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 Nedumkandam Town 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. 685818056 is the MICR code of Idukki District Bank for Nedumkandam Town branch. MICR code for Nedumkandam Town 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 Nedumkandam Town is presented in the table alongside.

Use of Idukki Coop Bank MICR code for Nedumkandam Town branch in nedumkandam town

The MICR code 685818056 is used in RBI cheque clearing process to identify the branch Nedumkandam Town 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.