Let Others Know
×
LinkedIn
Email
WhatsApp

Irinjalakuda Town Cooperative Bank Ltd Chalakudy Thrissur Kerala MICR CODE

Find MICR Codes for Irinjalakuda Town Cooperative Bank Ltd Chalakudy Thrissur Kerala

MICR Code
Bank Irinjalakuda Town Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chalakudy Branch
Contact 2705979
Bank Details Irinjalakuda Town Co-Operative Bank Ltd Chalakudy Branch ITBL0000110
Location Chalakudy, Thrissur
City Chalakudy
District Thrissur
State Kerala
Pincode 680307
Country IN
Address Church road,south chalakudy,680307
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 680814208 for Chalakudy Branch 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 680814208 of ITU Bank, Chalakudy Branch branch makes the system almost error free and faster. Use of ITU Bank MICR codes for Chalakudy Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Irinjalakuda Town Co-Operative Bank Ltd are available with micr code -

>>Chalakudy Branch

MICR code for Irinjalakuda Town Cooperative Bank Ltd Chalakudy Branch

Irinjalakuda Town Cooperative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ITU Bank MICR code for Chalakudy Branch 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. 680814208 is the MICR code of Irinjalakuda Town Cooperative Bank Ltd for Chalakudy Branch branch. MICR code for Chalakudy Branch 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 ITU Bank Chalakudy Branch is presented in the table alongside.

Use of ITU Bank MICR code for Chalakudy Branch branch in chalakudy

The MICR code 680814208 is used in RBI cheque clearing process to identify the branch Chalakudy Branch and ITU 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 Irinjalakuda Town Cooperative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.