Fedral Bank Tenjipalam Malappuram Kerala MICR CODE

Find MICR Codes for Fedral Bank Tenjipalam 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 Thenhippalam
Contact 0494 - 2403550, tpm@federalbank.Co.In
Bank Details Federal Bank Ltd Thenhippalam FDRL0001647
Location Tenjipalam, Malappuram
City Tenjipalam
District Malappuram
State Kerala
Pincode 673636
Country IN
Address 4 h avenue, chelari, thenhippalam - 673 636
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 673049012 for Thenhippalam 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 673049012 of Federal Bank, Thenhippalam branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Thenhippalam 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 -

>>Thenhippalam

MICR code for Fedral Bank Thenhippalam

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 Thenhippalam 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. 673049012 is the MICR code of Fedral Bank for Thenhippalam branch. MICR code for Thenhippalam 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 Thenhippalam is presented in the table alongside.

Use of Federal Bank MICR code for Thenhippalam branch in tenjipalam

The MICR code 673049012 is used in RBI cheque clearing process to identify the branch Thenhippalam 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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