State Bank Of Travancore Cannur Kannur Kerala MICR CODE

Find MICR Codes for State Bank Of Travancore Cannur Kannur 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 Mattannur
Contact
Bank Details State Bank Of Travancore Mattannur SBTR0000208
Location Cannur, Kannur
City Cannur
District Kannur
State Kerala
Pincode 670702
Country IN
Address Malabar plaza complex, near municipal bus stand, mattannur p.o., kannur, kerala, pin-670702
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 Mattannur 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, Mattannur branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Mattannur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of State Bank Of Travancore are available with micr code -

>>Chakkarakkal >>Hosdurg (Kanhangad) >>Kannur Civil Station >>Kannur Main >>Kannur University Campus >>Mattannur

MICR code for State Bank Of Travancore Mattannur

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

Use of Sbt Bank MICR code for Mattannur branch in cannur

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