State Bank Of Travancore Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for State Bank Of Travancore Madurai Madurai Tamil Nadu

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MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kosakulam Pudur
Contact 0422-2240014
Bank Details State Bank Of Travancore Kosakulam Pudur SBTR0000891
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625007
Country IN
Address Sy no.221/13, alagar coil main rd, kosakulampudur, madurai pin 625007
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 625009007 for Kosakulam Pudur 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 625009007 of Sbt Bank, Kosakulam Pudur branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Kosakulam Pudur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Kosakulam Pudur

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 Kosakulam Pudur 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. 625009007 is the MICR code of Travancore Bank for Kosakulam Pudur branch. MICR code for Kosakulam Pudur 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 Kosakulam Pudur is presented in the table alongside.

Use of Sbt Bank MICR code for Kosakulam Pudur branch in madurai

The MICR code 625009007 is used in RBI cheque clearing process to identify the branch Kosakulam Pudur 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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