State Bank Of Travancore Mannarkad Palakkad Kerala MICR CODE

Find MICR Codes for State Bank Of Travancore Mannarkad Palakkad 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 Mannarkkad
Contact
Bank Details State Bank Of Travancore Mannarkkad SBTR0000181
Location Mannarkad, Palakkad
City Mannarkad
District Palakkad
State Kerala
Pincode 678582
Country IN
Address P.b.no.1, namboothiris arcade, mannarkkad p.o., palakkad, kerala, pin-678582
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 678009008 for Mannarkkad 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 678009008 of Sbt Bank, Mannarkkad branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Mannarkkad 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 -

>>Kumaramputhur >>Mannarkkad

MICR code for State Bank Of Travancore Mannarkkad

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 Mannarkkad 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. 678009008 is the MICR code of Travancore Bank for Mannarkkad branch. MICR code for Mannarkkad 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 Mannarkkad is presented in the table alongside.

Use of Sbt Bank MICR code for Mannarkkad branch in mannarkad

The MICR code 678009008 is used in RBI cheque clearing process to identify the branch Mannarkkad 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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