Fedral Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Fedral Bank Bangalore Bangalore Karnataka

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thirumalasettyhalli
Contact 39047736
Bank Details Federal Bank Ltd Thirumalasettyhalli FDRL0002262
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560066
Country IN
Address Sy no 84,thirumalasettyhalli village, bangalore rural district, karnataka 560066
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 Thirumalasettyhalli 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, Thirumalasettyhalli branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Thirumalasettyhalli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Fedral Bank Thirumalasettyhalli

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

Use of Federal Bank MICR code for Thirumalasettyhalli branch in bangalore

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