SBI Kannur Kannur Kerala MICR CODE

Find MICR Codes for SBI Kannur Kannur Kerala

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kannur
Contact 0497-2702456 Ip 951431/432,
Bank Details State Bank Of India Kannur SBIN0000822
Location Kannur, Kannur
City Kannur
District Kannur
State Kerala
Pincode 670001
Country IN
Address Fort rd., cannanore - 670001
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 670002002 for Kannur 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 670002002 of State Bank Of India, Kannur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kannur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Kannur

SBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of India MICR code for Kannur 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. 670002002 is the MICR code of SBI Bank for Kannur branch. MICR code for Kannur 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 State Bank Of India Kannur is presented in the table alongside.

Use of State Bank Of India MICR code for Kannur branch in kannur

The MICR code 670002002 is used in RBI cheque clearing process to identify the branch Kannur and State Bank Of India 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 SBI Bank is typically in either of these two font’s: E-138 and CMC-7.

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