State Bank Of Travancore Nagercoil Kanyakumari Tamil Nadu MICR CODE

Find MICR Codes for State Bank Of Travancore Nagercoil Kanyakumari 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 Parakkai
Contact 04652-286386
Bank Details State Bank Of Travancore Parakkai SBTR0000772
Location Nagercoil, Kanyakumari
City Nagercoil
District Kanyakumari
State Tamil Nadu
Pincode 629601
Country IN
Address Chinnu's centre, 1/23-29 parakkai junction, ground floor,parakkai 629 601
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 Parakkai 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, Parakkai branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Parakkai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of State Bank Of Travancore are available with micr code -

>>Choozhal >>Derisanamcope >>Goldpoint Nagercoil >>Kandanvilai >>Parakkai >>Theroor >>Thirupathisaram

MICR code for State Bank Of Travancore Parakkai

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

Use of Sbt Bank MICR code for Parakkai branch in nagercoil

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