MICR Code Bank
Find MICR code for Irinjalakuda Town Cooperative Bank Ltd branches in India for NEFT and RTGS transfer

Irinjalakuda Town Cooperative Bank Ltd MICR CODE

Find MICR Codes for Irinjalakuda Town Cooperative Bank Ltd

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  1. Irinjalakuda Town Co-Operative Bank Ltd »
  2. Kerala »
  3. thrissur »
  4. koratty »
  5. koratty branch

Find MICR Codes for Irinjalakuda Town Cooperative Bank Ltd

MICR Code: 680814212
Bank: Irinjalakuda Town Co-Operative Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Koratty Branch
Contact: 2735379
Bank Details: Irinjalakuda Town Co-Operative Bank Ltd Koratty Branch ITBL0000114
Location: Koratty, Thrissur
City: Koratty
District: Thrissur
State: Kerala
Pincode: 680308
Country: IN
Address: Near church,first floor,koratty east,680308

How does MICR code for 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 of ITU Bank, branch makes the system almost error free and faster. Use of ITU Bank MICR codes for 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

>>Koratty Branch

MICR code for Irinjalakuda Town Cooperative Bank Ltd

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

Use of ITU Bank MICR code for branch in koratty

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