MICR Code Bank
Find MICR code for Idukki Bank branches in India for NEFT and RTGS transfer

Idukki Bank MICR CODE

Find MICR Codes for Idukki Bank

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  1. Idukki District Co-Operative Bank Ltd »
  2. Kerala »
  3. idukki »
  4. rajakkad »
  5. rajakkad

Find MICR Codes for Idukki Bank

MICR Code: 685818155
Bank: Idukki District Co-Operative Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Rajakkad
Contact: 8547800122
Bank Details: Idukki District Co-Operative Bank Ltd Rajakkad IDUK0000022
Location: Rajakkad, Idukki
City: Rajakkad
District: Idukki
State: Kerala
Pincode: 685566
Country: IN
Address: Rajakkadu branch,rajakkadu p.o,pin 685 566

How does MICR code for 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 of Idukki Coop Bank, branch makes the system almost error free and faster. Use of Idukki Coop Bank MICR codes for 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

>>Rajakkad

MICR code for Idukki Bank

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

Use of Idukki Coop Bank MICR code for branch in rajakkad

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