Fedral Bank Thiruvananthapuram Trivandrum Kerala MICR CODE

Find MICR Codes for Fedral Bank Thiruvananthapuram Trivandrum Kerala

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thiruvananthapuram Palayam
Contact Cherian M Mattam, E Mail:Tvma@federalbank.Co.In Ph No.: 0471-2328263(Agm)
Bank Details Federal Bank Ltd Thiruvananthapuram Palayam FDRL0001021
Location Thiruvananthapuram, Trivandrum
City Thiruvananthapuram
District Trivandrum
State Kerala
Pincode 695033
Country IN
Address P b no. 5406, palayam, vikas bhavan p o, thiruvananthapuram, 695 033, 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 695049002 for Thiruvananthapuram Palayam 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 695049002 of Federal Bank, Thiruvananthapuram Palayam branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Thiruvananthapuram Palayam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Fedral Bank Thiruvananthapuram Palayam

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 Thiruvananthapuram Palayam 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. 695049002 is the MICR code of Fedral Bank for Thiruvananthapuram Palayam branch. MICR code for Thiruvananthapuram Palayam 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 Thiruvananthapuram Palayam is presented in the table alongside.

Use of Federal Bank MICR code for Thiruvananthapuram Palayam branch in thiruvananthapuram

The MICR code 695049002 is used in RBI cheque clearing process to identify the branch Thiruvananthapuram Palayam 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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