Fedral Bank Salem Mammudi Tamil Nadu MICR CODE

Find MICR Codes for Fedral Bank Salem Mammudi Tamil Nadu

↻ Reload
MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mammudithalaivasal
Contact 91-9486227410
Bank Details Federal Bank Ltd Mammudithalaivasal FDRL0002601
Location Salem, Mammudi
City Salem
District Mammudi
State Tamil Nadu
Pincode 636112
Country IN
Address No.6/98/c, lakshmi complex, salem - cuddalore main road, mummudi village & po, thalaivasal taluk, salem, tamil nadu- 636112
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 Mammudithalaivasal 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, Mammudithalaivasal branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Mammudithalaivasal 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 -

>>Mammudithalaivasal

MICR code for Fedral Bank Mammudithalaivasal

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

Use of Federal Bank MICR code for Mammudithalaivasal branch in salem

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