State Bank Of Travancore Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for State Bank Of Travancore Calicut Kozhikode 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 Kallachi
Contact
Bank Details State Bank Of Travancore Kallachi SBTR0000490
Location Calicut, Kozhikode
City Calicut
District Kozhikode
State Kerala
Pincode 673506
Country IN
Address P.b.no.1, np 5/593 nadapuram buildings, kallachi p.o., kozhikode, kerala, pin-673506
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 Kallachi 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, Kallachi branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Kallachi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Kallachi

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 Kallachi 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 Kallachi branch. MICR code for Kallachi 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 Kallachi is presented in the table alongside.

Use of Sbt Bank MICR code for Kallachi branch in calicut

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