State Bank Of Travancore Alappuzha Alapuzha Kerala MICR CODE

Find MICR Codes for State Bank Of Travancore Alappuzha Alapuzha 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 Goldpoint Alapuzha
Contact Apalapuzha@sbt.Co.In
Bank Details State Bank Of Travancore Goldpoint Alapuzha SBTR0000874
Location Alappuzha, Alapuzha
City Alappuzha
District Alapuzha
State Kerala
Pincode 688011
Country IN
Address Poppy building ccsb road, alapuzha pin 688011 ph:0477-2252220
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 Goldpoint Alapuzha 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, Goldpoint Alapuzha branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Goldpoint Alapuzha branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Alapuzha Psb >>Goldpoint Alapuzha

MICR code for State Bank Of Travancore Goldpoint Alapuzha

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 Goldpoint Alapuzha 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 Goldpoint Alapuzha branch. MICR code for Goldpoint Alapuzha 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 Goldpoint Alapuzha is presented in the table alongside.

Use of Sbt Bank MICR code for Goldpoint Alapuzha branch in alappuzha

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