State Bank Of Travancore Namakkal Namakkal Tamil Nadu MICR CODE

Find MICR Codes for State Bank Of Travancore Namakkal Namakkal 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 Namakkal
Contact 0422-2240014
Bank Details State Bank Of Travancore Namakkal SBTR0001194
Location Namakkal, Namakkal
City Namakkal
District Namakkal
State Tamil Nadu
Pincode 637002
Country IN
Address 6/302, trichy main road, near andavar bunk, namakkal tamilnadu 637002
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 Namakkal 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, Namakkal branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Namakkal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Travancore are available with micr code -

>>Namakkal

MICR code for State Bank Of Travancore Namakkal

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

Use of Sbt Bank MICR code for Namakkal branch in namakkal

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