Fedral Bank Marancheri Malappuram Kerala MICR CODE

Find MICR Codes for Fedral Bank Marancheri Malappuram Kerala

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Marancherry
Contact Mny@federalbank.Co.In
Bank Details Federal Bank Ltd Marancherry FDRL0001706
Location Marancheri, Malappuram
City Marancheri
District Malappuram
State Kerala
Pincode 679581
Country IN
Address Maranchery p o malappuram, kerala - 679581
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 malappuram

You can search through MICR Codes of Kerala branches in marancheri of District malappuram in Kerala 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 -

>>Marancherry

How to find MICR codes for Fedral Bank in marancheri?

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

Federal Bank MICR code in marancheri

Fedral Bank MICR code is a character recognition technology used by banks in the processing of cheques. Federal Bank MICR code for marancheri 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 marancheri, 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 marancheri 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 marancheri 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 marancheri branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Fedral Bank MICR codes for marancheri 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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