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Irinjalakuda Town Cooperative Bank Ltd Erumapetty Thrissur Kerala MICR CODE

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

MICR Code
Bank Irinjalakuda Town Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Erumapetty Branch
Contact 0
Bank Details Irinjalakuda Town Co-Operative Bank Ltd Erumapetty Branch ITBL0000122
Location Erumapetty, Thrissur
City Erumapetty
District Thrissur
State Kerala
Pincode 680584
Country IN
Address Near govt hospital,erumapetty,680584
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 680814218 for Erumapetty 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 680814218 of ITU Bank, Erumapetty Branch branch makes the system almost error free and faster. Use of ITU Bank MICR codes for Erumapetty 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 -

>>Erumapetty Branch

MICR code for Irinjalakuda Town Cooperative Bank Ltd Erumapetty 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 Erumapetty 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. 680814218 is the MICR code of Irinjalakuda Town Cooperative Bank Ltd for Erumapetty Branch branch. MICR code for Erumapetty 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 Erumapetty Branch is presented in the table alongside.

Use of ITU Bank MICR code for Erumapetty Branch branch in erumapetty

The MICR code 680814218 is used in RBI cheque clearing process to identify the branch Erumapetty 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.