State Bank Of Travancore Malappuram Nilambur Kerala MICR CODE

Find MICR Codes for State Bank Of Travancore Malappuram Nilambur Kerala

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MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandakkunnu
Contact 2360161
Bank Details State Bank Of Travancore Chandakkunnu SBTR0001267
Location Malappuram, Nilambur
City Malappuram
District Nilambur
State Kerala
Pincode 679329
Country IN
Address Zain tower opposite indus motors cng road minervapadi nilambur malappuram district kerala 679329
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 Chandakkunnu 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 Sbt Bank, Chandakkunnu branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Chandakkunnu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Travancore are available with micr code -

>>Chandakkunnu

MICR code for State Bank Of Travancore Chandakkunnu

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

Use of Sbt Bank MICR code for Chandakkunnu branch in malappuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chandakkunnu and Sbt 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 Travancore Bank is typically in either of these two font’s: E-138 and CMC-7.

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