Kerala Gramin Bank Kollam Kollam Kerala MICR CODE

Find MICR Codes for Kerala Gramin Bank Kollam Kollam Kerala

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MICR Code	-NA-
Bank	Kerala Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madathara
Contact	704810
Bank Details	Kerala Gramin Bank Madathara KLGB0040677

Location	Kollam, Kollam
City	Kollam
District	Kollam
State	Kerala
Pincode	691541
Country	IN
Address	Kerala tower,madathara po,kollam dt. 691541

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 Madathara 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, Madathara branch makes the system almost error free and faster. Use of Kerala Bank MICR codes for Madathara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of Kerala Gramin Bank are available with micr code -

>>Anayadi >>Anchal >>Anchalumoodu >>Ayoor >>Bharanikkavu >>Chathannur >>Kadakkal >>Kalluvathukkal >>Karunagapally >>Kollam >>Kottarakkara >>Kottiyam >>Kulathuppuzha >>Kundara >>Kunnanalloor >>Kunnikode >>Madathara >>Paravur >>Pathanapuram >>Pattazhi >>Punalur >>Punnala >>Puthoor >>Roduvila

MICR code for Kerala Gramin Bank Madathara

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

Use of Kerala Bank MICR code for Madathara branch in kollam

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