State Bank Of Travancore Karunagapally Kollam Kerala MICR CODE

Find MICR Codes for State Bank Of Travancore Karunagapally Kollam 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 Karunagapally
Contact
Bank Details State Bank Of Travancore Karunagapally SBTR0000056
Location Karunagapally, Kollam
City Karunagapally
District Kollam
State Kerala
Pincode 690518
Country IN
Address P.b.no.1, karunagappally p.o., kollam, kerala, pin-690518
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 690009002 for Karunagapally 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 690009002 of Sbt Bank, Karunagapally branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Karunagapally 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 -

>>Karunagapally >>Karunagapally Psb

MICR code for State Bank Of Travancore Karunagapally

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 Karunagapally 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. 690009002 is the MICR code of Travancore Bank for Karunagapally branch. MICR code for Karunagapally 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 Karunagapally is presented in the table alongside.

Use of Sbt Bank MICR code for Karunagapally branch in karunagapally

The MICR code 690009002 is used in RBI cheque clearing process to identify the branch Karunagapally 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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