Fedral Bank Kengeri Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Fedral Bank Kengeri Bangalore Urban Karnataka

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kengeri
Contact
Bank Details Federal Bank Ltd Kengeri FDRL0001964
Location Kengeri, Bangalore Urban
City Kengeri
District Bangalore Urban
State Karnataka
Pincode 560060
Country IN
Address D no. No. 737 , kommaghatta main road , kengeri satellite town , bangalore , karnataka - 560060
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 Kengeri 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, Kengeri branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Kengeri 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 -

>>Kengeri

MICR code for Fedral Bank Kengeri

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

Use of Federal Bank MICR code for Kengeri branch in kengeri

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