SBI Vadakkanthara Palakkad Kerala MICR CODE

Find MICR Codes for SBI Vadakkanthara Palakkad 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 Kottayi
Contact Nil
Bank Details State Bank Of India Kottayi SBIN0012889
Location Vadakkanthara, Palakkad
City Vadakkanthara
District Palakkad
State Kerala
Pincode 678572
Country IN
Address Door no7 by 95,vandhanam,mankara,poodoor road,kottayi,palakkad 678572
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 680002253 for Kottayi 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 680002253 of State Bank Of India, Kottayi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kottayi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Kottayi >>Vadakkanthara

MICR code for SBI Kottayi

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 Kottayi 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. 680002253 is the MICR code of SBI Bank for Kottayi branch. MICR code for Kottayi 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 Kottayi is presented in the table alongside.

Use of State Bank Of India MICR code for Kottayi branch in vadakkanthara

The MICR code 680002253 is used in RBI cheque clearing process to identify the branch Kottayi 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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