Fedral Bank Kavalam Alapuzzha Kerala MICR CODE

Find MICR Codes for Fedral Bank Kavalam Alapuzzha Kerala

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kavalam
Contact Josekutty Joseph, E Mail:Kvm@federalbank.Co.In Ph No.: 0477-2747221(M)
Bank Details Federal Bank Ltd Kavalam FDRL0001053
Location Kavalam, Alapuzzha
City Kavalam
District Alapuzzha
State Kerala
Pincode 688506
Country IN
Address Jobins centre, near ksrtc bus station, kavalam junction, kavalam, 688 506, 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 0 for Kavalam 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, Kavalam branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Kavalam 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 -

>>Kavalam

MICR code for Fedral Bank Kavalam

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 Kavalam 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 Kavalam branch. MICR code for Kavalam 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 Kavalam is presented in the table alongside.

Use of Federal Bank MICR code for Kavalam branch in kavalam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kavalam 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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