Fedral Bank Bagalkote Bagalkote Karnataka MICR CODE

Find MICR Codes for Fedral Bank Bagalkote Bagalkote Karnataka

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jamkhandi
Contact 91-9663380119
Bank Details Federal Bank Ltd Jamkhandi FDRL0002384
Location Bagalkote, Bagalkote
City Bagalkote
District Bagalkote
State Karnataka
Pincode 587301
Country IN
Address Opp to g g high school, bus stand, jamkhandi, bagalkote district, karnataka, india, pin - 587 301
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.

Search Fedral Bank MICR Codes in bagalkote

You can search through MICR Codes of Karnataka branches in bagalkote of District bagalkote in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Federal Bank Ltd are available with micr code -

>>Jamkhandi

How to find MICR codes for Fedral Bank in bagalkote?

Fedral Bank bagalkote MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Federal Bank MICR codes list for bagalkote, one can further search by branch name specified in the table. You can find MICR codes for all Fedral Bank bagalkote branches.

Federal Bank MICR code in bagalkote

Fedral Bank MICR code is a character recognition technology used by banks in the processing of cheques. Federal Bank MICR code for bagalkote branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Fedral Bank branches in bagalkote, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Fedral Bank MICR code for bagalkote branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Fedral Bank bagalkote branch, sprinted 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. Thus MICR code for Federal Bank bagalkote branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Fedral Bank MICR codes for bagalkote branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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