Kerala Gramin Bank Palakkad Palakkad Kerala MICR CODE

Find MICR Codes for Kerala Gramin Bank Palakkad Palakkad Kerala

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MICR Code
Bank Kerala Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vadakkenchery
Contact
Bank Details Kerala Gramin Bank Vadakkenchery KLGB0040276
Location Palakkad, Palakkad
City Palakkad
District Palakkad
State Kerala
Pincode 678683
Country IN
Address Vadakkanchery(palakkad ) sha towers, vadakkanchery.p.o.palakkad dt, pin-678683
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 Vadakkenchery 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, Vadakkenchery branch makes the system almost error free and faster. Use of Kerala Bank MICR codes for Vadakkenchery branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kerala Gramin Bank Vadakkenchery

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

Use of Kerala Bank MICR code for Vadakkenchery branch in palakkad

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