Fedral Bank Mahabubnagar Mahabubnagar Telangana MICR CODE

Find MICR Codes for Fedral Bank Mahabubnagar Mahabubnagar Telangana

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahabubnagar
Contact 91-9686441408
Bank Details Federal Bank Ltd Mahabubnagar FDRL0002398
Location Mahabubnagar, Mahabubnagar
City Mahabubnagar
District Mahabubnagar
State Telangana
Pincode 509001
Country IN
Address H no.10-5-87/2a, part of plot no. 4&13, srinivas colony, yenugonda street, mahabubnagar, telangana - 509001
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.

Search Fedral Bank MICR Codes in mahabubnagar

You can search through MICR Codes of Telangana branches in mahabubnagar of District mahabubnagar in Telangana State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Mahabubnagar

How to find MICR codes for Fedral Bank in mahabubnagar?

Fedral Bank mahabubnagar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Federal Bank MICR codes list for mahabubnagar, one can further search by branch name specified in the table. You can find MICR codes for all Fedral Bank mahabubnagar branches.

Federal Bank MICR code in mahabubnagar

Fedral Bank MICR code is a character recognition technology used by banks in the processing of cheques. Federal Bank MICR code for mahabubnagar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Fedral Bank branches in mahabubnagar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Fedral Bank MICR code for mahabubnagar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Fedral Bank mahabubnagar branch, sprinted 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. Thus MICR code for Federal Bank mahabubnagar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Fedral Bank MICR codes for mahabubnagar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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