Fedral Bank Thiruvananthapuram Venjaramoodu Kerala MICR CODE

Find MICR Codes for Fedral Bank Thiruvananthapuram Venjaramoodu Kerala

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sgmc Extn Counter
Contact 2875999
Bank Details Federal Bank Ltd Sgmc Extn Counter FDRL0001973
Location Thiruvananthapuram, Venjaramoodu
City Thiruvananthapuram
District Venjaramoodu
State Kerala
Pincode 695607
Country IN
Address Sree gokulam medical college and research foundation, mc road venjaramoodu, thiruvananthapuram, 695607
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 Sgmc Extn Counter 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, Sgmc Extn Counter branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Sgmc Extn Counter 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 -

>>Sgmc Extn Counter

MICR code for Fedral Bank Sgmc Extn Counter

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 Sgmc Extn Counter 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 Sgmc Extn Counter branch. MICR code for Sgmc Extn Counter 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 Sgmc Extn Counter is presented in the table alongside.

Use of Federal Bank MICR code for Sgmc Extn Counter branch in thiruvananthapuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sgmc Extn Counter 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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