Let Others Know
×
LinkedIn
Email
WhatsApp

Idukki Bank Vandanmedu Idukki Kerala MICR CODE

Find MICR Codes for Idukki Bank Vandanmedu Idukki Kerala

MICR Code
Bank Idukki District Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vandanmedu
Contact 8547800123
Bank Details Idukki District Co-Operative Bank Ltd Vandanmedu IDUK0000023
Location Vandanmedu, Idukki
City Vandanmedu
District Idukki
State Kerala
Pincode 685551
Country IN
Address Vandanmedu branch,vandanmedu p.o,pin 685 551
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 685818209 for Vandanmedu 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 685818209 of Idukki Coop Bank, Vandanmedu branch makes the system almost error free and faster. Use of Idukki Coop Bank MICR codes for Vandanmedu 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 -

>>Vandanmedu

MICR code for Idukki Bank Vandanmedu

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 Vandanmedu 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. 685818209 is the MICR code of Idukki District Bank for Vandanmedu branch. MICR code for Vandanmedu 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 Vandanmedu is presented in the table alongside.

Use of Idukki Coop Bank MICR code for Vandanmedu branch in vandanmedu

The MICR code 685818209 is used in RBI cheque clearing process to identify the branch Vandanmedu 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.