State Bank Of Travancore Oachira Kollam Kerala MICR CODE

Find MICR Codes for State Bank Of Travancore Oachira 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 Oachira Psb
Contact 0476-2691484
Bank Details State Bank Of Travancore Oachira Psb SBTR0001120
Location Oachira, Kollam
City Oachira
District Kollam
State Kerala
Pincode 690528
Country IN
Address Sreekarthika building, vavvakkavu p.o., kollam dist., keralapsboachira@sbt.co.in
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 690009253 for Oachira Psb 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 690009253 of Sbt Bank, Oachira Psb branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Oachira Psb 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 -

>>Oachira Psb

MICR code for State Bank Of Travancore Oachira Psb

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 Oachira Psb 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. 690009253 is the MICR code of Travancore Bank for Oachira Psb branch. MICR code for Oachira Psb 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 Oachira Psb is presented in the table alongside.

Use of Sbt Bank MICR code for Oachira Psb branch in oachira

The MICR code 690009253 is used in RBI cheque clearing process to identify the branch Oachira Psb 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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