Fedral Bank Cannur Cannur Kerala MICR CODE

Find MICR Codes for Fedral Bank Cannur Cannur Kerala

↻ Reload
MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kannur Talap
Contact Cnnc@federalbank.Co.In
Bank Details Federal Bank Ltd Kannur Talap FDRL0001997
Location Cannur, Cannur
City Cannur
District Cannur
State Kerala
Pincode 670002
Country IN
Address R m apartmentsnh 17,civil station post , near makkani,talap , kannur-6700026
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 Kannur Talap 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, Kannur Talap branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Kannur Talap branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Federal Bank Ltd are available with micr code -

>>Kannur Talap >>Kolakkad

MICR code for Fedral Bank Kannur Talap

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 Kannur Talap 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 Kannur Talap branch. MICR code for Kannur Talap 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 Kannur Talap is presented in the table alongside.

Use of Federal Bank MICR code for Kannur Talap branch in cannur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kannur Talap 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!