MICR Code Bank
Find MICR code for State Bank Of Travancore Paipad branches in India for NEFT and RTGS transfer

State Bank Of Travancore Paipad MICR CODE

Find MICR Codes for State Bank Of Travancore Paipad

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  1. State Bank Of Travancore »
  2. Kerala »
  3. kottayam »
  4. kottayam »
  5. paipad (kottayam)

Find MICR Codes for State Bank Of Travancore Paipad

MICR Code: -NA-
Bank: State Bank Of Travancore
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Paipad (Kottayam)
Contact:
Bank Details: State Bank Of Travancore Paipad (Kottayam) SBTR0000107
Location: Kottayam, Kottayam
City: Kottayam
District: Kottayam
State: Kerala
Pincode: 686537
Country: IN
Address: P.b.no:1, pulimoottil buildings, pallickachira kavala p.o., kottayam, kerala, pin-686537

How does MICR code for paipad 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 of Sbt Bank, paipad branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for paipad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore paipad

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

Use of Sbt Bank MICR code for paipad branch in kottayam

The MICR code is used in RBI cheque clearing process to identify the branch paipad 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.