State Bank Of Travancore Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for State Bank Of Travancore Calicut Kozhikode Kerala

↻ Reload
MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Goldpoint Kozhikode
Contact 0495-2360163
Bank Details State Bank Of Travancore Goldpoint Kozhikode SBTR0000938
Location Calicut, Kozhikode
City Calicut
District Kozhikode
State Kerala
Pincode 673002
Country IN
Address White lines, kallai road, chalapuram, pin 673002 kerala, gpcalicut@sbt.co.in
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 Kozhikode 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 Kozhikode branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Goldpoint Kozhikode branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Goldpoint Kozhikode

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

Use of Sbt Bank MICR code for Goldpoint Kozhikode branch in calicut

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

Copied!