Fedral Bank Kottayam Kottayam Kerala MICR CODE

Find MICR Codes for Fedral Bank Kottayam Kottayam Kerala

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	Federal Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pala
Contact	Tomy George, E Mail:Pli@federalbank.Co.In Ph No.: 04822-214017(Sm)
Bank Details	Federal Bank Ltd Pala FDRL0001097

Location	Kottayam, Kottayam
City	Kottayam
District	Kottayam
State	Kerala
Pincode	686575
Country	IN
Address	P b no. 19, kattakkayam building, kattakkayam road, pala, 686 575, 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 Pala 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, Pala branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Pala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 37 branches of Federal Bank Ltd are available with micr code -

>>Adhyapaka Urban Cooperative Bank >>Aruvithura >>Changanassery >>Chingavanam >>Erumely >>Gandhinagar >>Kadaplamattom >>Kanjirappally >>Kidangoor >>Kollappally >>Kothanalloor >>Kottam Credit Hub >>Kottayam >>Kottayam Asset Recovery >>Kottayam Asset Recovery >>Kottayam Kanjikuzhy >>Kottayam Nagampadam >>Kottayam Sankranthi >>Kottayam Service >>Kuravilangad >>Manarcadu >>Mevalloor >>Moonnilavu >>Mundakayam >>Muttuchira >>Nedumkunnam >>Pala >>Pampady >>Perunna >>Peruva >>Poonjar >>Poovarani >>Pulickal Kavala >>Puthuppally >>Teekoy >>Thellakom >>Uzhavoor

MICR code for Fedral Bank Pala

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

Use of Federal Bank MICR code for Pala branch in kottayam

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