Fedral Bank Aluva Ernakulam Kerala MICR CODE

Find MICR Codes for Fedral Bank Aluva Ernakulam Kerala

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aluva Bank Junction
Contact Yacob A, E Mail:Alwa@federalbank.Co.In Ph No.: 0484-2629332 (Cm)
Bank Details Federal Bank Ltd Aluva Bank Junction FDRL0001001
Location Aluva, Ernakulam
City Aluva
District Ernakulam
State Kerala
Pincode 683101
Country IN
Address I st floor, federal heights, bye pass junction, , aluva, 683 101, kerala
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 682049013 for Aluva Bank Junction 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 682049013 of Federal Bank, Aluva Bank Junction branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Aluva Bank Junction branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Fedral Bank Aluva Bank Junction

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Aluva Bank Junction 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. 682049013 is the MICR code of Fedral Bank for Aluva Bank Junction branch. MICR code for Aluva Bank Junction 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 Federal Bank Aluva Bank Junction is presented in the table alongside.

Use of Federal Bank MICR code for Aluva Bank Junction branch in aluva

The MICR code 682049013 is used in RBI cheque clearing process to identify the branch Aluva Bank Junction and Federal 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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