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 Kodungoor
Contact 455900
Bank Details Kerala Gramin Bank Kodungoor KLGB0040692
Location Kottayam, Kottayam
City Kottayam
District Kottayam
State Kerala
Pincode 686504
Country IN
Address City bldg,palai road,kodungoor po,kottayam dt.
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 686480504 for Kodungoor 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 686480504 of Kerala Bank, Kodungoor branch makes the system almost error free and faster. Use of Kerala Bank MICR codes for Kodungoor branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kerala Gramin Bank Kodungoor

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 Kodungoor 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. 686480504 is the MICR code of Kerala Gramin Bank for Kodungoor branch. MICR code for Kodungoor 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 Kodungoor is presented in the table alongside.

Use of Kerala Bank MICR code for Kodungoor branch in kottayam

The MICR code 686480504 is used in RBI cheque clearing process to identify the branch Kodungoor 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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