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IRINJALAKUDA TOWN CO-OPERATIVE BANK LTD

  • What is BIC ?

    The BIC or Bank symbol Code (also referred to as the SWIFT address) is a unique address that in payment messages identifies exactly the bank concerned in monetary transactions. once employed in conjunction with the IBAN it identifies the bank at that the account of the beneficiary is command.

  • What is RTN ?

    Bank routing number or routing transit number (RTN) is a nine digit number used to identify a financial institution in a transaction. Internation banks Routing Code, Bank Identifier Code (BIC) & SWIFT codes are basically the same.

  • What is Bank BSR Code

    Basic Statistical Return (BSR) Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System).

Irinjalakuda Town Co-Operative Bank Limited No.55 was registered as a co-operative society on 3rd May 1918 and started functioning on 19th July 1918. It came under the purview of the Co-operative Societies Act and 1969 rules as a primary non-agricultural credit. It evolved into Urban Bank in November 1996.
In 2000 ITUB installed new software.
In 2000 ITUB became a member of the All India Mutual Arrangement Scheme.
Completed the new head office of ITUB in 1999.
ITUB became an urban bank in 1996.
100 lakhs included in the paid-up capital of ITUB in 1995.
In 1994 and 95 ITUB opened two more branches.
Before 1994 ITUB opened 5 branches.
Registration and commencement of business in 1918.
The democratic nature of the management of the bank and strong support of the local people has been received.
Unbeatable trust of the customers in the bank and complete security for the deposits.
Individual attention is given to each customer and the service-mindedness of the staff is worked out.

  • Irinjalakuda Town Co-Operative Bank Ltd





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  • What is MICR Code?

    The Magnetic Ink Character Recognition Code (MICR) is a numeric code that uniquely identifies a Bank-Branch participating in the ECS Credit scheme. MICR code consists of 9 digits e.g 500447125

    • First 3 digits represent the city (500447125)
    • Next 3 digits represent the bank (500447125)
    • Last 3 digits represent the branch (500447125)

    The MICR Code assigned to a bank branch is written on the MICR band of cheque leaves issued by bank branches.

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