Kerala Gramin Bank Kasaragod Kasaragod Kerala MICR CODE

Find MICR Codes for Kerala Gramin Bank Kasaragod Kasaragod Kerala

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MICR Code
Bank Kerala Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palavayal
Contact
Bank Details Kerala Gramin Bank Palavayal KLGB0040419
Location Kasaragod, Kasaragod
City Kasaragod
District Kasaragod
State Kerala
Pincode 670511
Country IN
Address Palavayal, p.o.palavayal, kasaragod, kerala, pin -670511
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 Palavayal 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, Palavayal branch makes the system almost error free and faster. Use of Kerala Bank MICR codes for Palavayal branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kerala Gramin Bank Palavayal

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

Use of Kerala Bank MICR code for Palavayal branch in kasaragod

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