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Idukki Bank Vengalloor Idukki Kerala MICR CODE

Find MICR Codes for Idukki Bank Vengalloor Idukki Kerala

MICR Code
Bank Idukki District Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vengalloor
Contact 8547880216
Bank Details Idukki District Co-Operative Bank Ltd Vengalloor IDUK0000049
Location Vengalloor, Idukki
City Vengalloor
District Idukki
State Kerala
Pincode 685608
Country IN
Address Vengalloor branch,vengalloor p.o,pin 685 608
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 685818017 for Vengalloor 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 685818017 of Idukki Coop Bank, Vengalloor branch makes the system almost error free and faster. Use of Idukki Coop Bank MICR codes for Vengalloor 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 -

>>Vengalloor

MICR code for Idukki Bank Vengalloor

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 Vengalloor 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. 685818017 is the MICR code of Idukki District Bank for Vengalloor branch. MICR code for Vengalloor 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 Vengalloor is presented in the table alongside.

Use of Idukki Coop Bank MICR code for Vengalloor branch in vengalloor

The MICR code 685818017 is used in RBI cheque clearing process to identify the branch Vengalloor 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.