Fedral Bank Barddhaman Barddhaman West Bengal MICR CODE

Find MICR Codes for Fedral Bank Barddhaman Barddhaman West Bengal

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghor Daur Choti
Contact
Bank Details Federal Bank Ltd Ghor Daur Choti FDRL0002024
Location Barddhaman, Barddhaman
City Barddhaman
District Barddhaman
State West Bengal
Pincode 713103
Country IN
Address Ghor daur choti, sripally (po) , burdwan, west bengal - 713103
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 0 for Ghor Daur Choti 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 0 of Federal Bank, Ghor Daur Choti branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Ghor Daur Choti 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 -

>>Ghor Daur Choti

MICR code for Fedral Bank Ghor Daur Choti

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 Ghor Daur Choti 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. 0 is the MICR code of Fedral Bank for Ghor Daur Choti branch. MICR code for Ghor Daur Choti 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 Ghor Daur Choti is presented in the table alongside.

Use of Federal Bank MICR code for Ghor Daur Choti branch in barddhaman

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ghor Daur Choti 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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