Let Others Know
×
LinkedIn
Email
WhatsApp

Idukki Bank Rajakumary Idukki Kerala MICR CODE

Find MICR Codes for Idukki Bank Rajakumary Idukki Kerala

MICR Code
Bank Idukki District Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajakumary
Contact 8547800135
Bank Details Idukki District Co-Operative Bank Ltd Rajakumary IDUK0000035
Location Rajakumary, Idukki
City Rajakumary
District Idukki
State Kerala
Pincode 685619
Country IN
Address Rajakumary branch,rajakumary south p.o,pin 685 619
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 685818158 for Rajakumary 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 685818158 of Idukki Coop Bank, Rajakumary branch makes the system almost error free and faster. Use of Idukki Coop Bank MICR codes for Rajakumary 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 -

>>Rajakumary

MICR code for Idukki Bank Rajakumary

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 Rajakumary 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. 685818158 is the MICR code of Idukki District Bank for Rajakumary branch. MICR code for Rajakumary 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 Rajakumary is presented in the table alongside.

Use of Idukki Coop Bank MICR code for Rajakumary branch in rajakumary

The MICR code 685818158 is used in RBI cheque clearing process to identify the branch Rajakumary 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.