Fedral Bank Khapra Ranga Reddy Andhra Pradesh MICR CODE

Find MICR Codes for Fedral Bank Khapra Ranga Reddy Andhra Pradesh

↻ Reload
MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ecil Cross Roads
Contact 040 27121527 27121528 Kra@federalbank.Co.In
Bank Details Federal Bank Ltd Ecil Cross Roads FDRL0001602
Location Khapra, Ranga Reddy
City Khapra
District Ranga Reddy
State Andhra Pradesh
Pincode 500062
Country IN
Address 225 226 231& 232 ecil road kapra hyderabad 500062
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 500049009 for Ecil Cross Roads 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 500049009 of Federal Bank, Ecil Cross Roads branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Ecil Cross Roads branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Ecil Cross Roads

MICR code for Fedral Bank Ecil Cross Roads

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 Ecil Cross Roads 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. 500049009 is the MICR code of Fedral Bank for Ecil Cross Roads branch. MICR code for Ecil Cross Roads 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 Ecil Cross Roads is presented in the table alongside.

Use of Federal Bank MICR code for Ecil Cross Roads branch in khapra

The MICR code 500049009 is used in RBI cheque clearing process to identify the branch Ecil Cross Roads 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.

Copied!