Kerala Gramin Bank Kottayam Kottayam Kerala MICR CODE

Find MICR Codes for Kerala Gramin Bank Kottayam Kottayam Kerala

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MICR Code
Bank Kerala Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ayamkudy
Contact
Bank Details Kerala Gramin Bank Ayamkudy KLGB0040591
Location Kottayam, Kottayam
City Kottayam
District Kottayam
State Kerala
Pincode 686613
Country IN
Address St.theresas shopping centre, muttuchira ( via), p.o.ayamkudy, kottayam, kerala, pin -686613
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 Ayamkudy 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 Kerala Bank, Ayamkudy branch makes the system almost error free and faster. Use of Kerala Bank MICR codes for Ayamkudy branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kerala Gramin Bank Ayamkudy

Kerala Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kerala Bank MICR code for Ayamkudy 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 Kerala Gramin Bank for Ayamkudy branch. MICR code for Ayamkudy 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 Kerala Bank Ayamkudy is presented in the table alongside.

Use of Kerala Bank MICR code for Ayamkudy branch in kottayam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ayamkudy and Kerala 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 Kerala Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

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