State Bank Of Travancore Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for State Bank Of Travancore Chennai Chennai 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 Taramani
Contact 9710939477
Bank Details State Bank Of Travancore Taramani SBTR0000770
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600113
Country IN
Address Door no.12, kattabomman street, link 200 ft. Road, taramani, chennai, tamil nadu 600 113
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 600009023 for Taramani 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 600009023 of Sbt Bank, Taramani branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Taramani branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Taramani

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 Taramani 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. 600009023 is the MICR code of Travancore Bank for Taramani branch. MICR code for Taramani 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 Taramani is presented in the table alongside.

Use of Sbt Bank MICR code for Taramani branch in chennai

The MICR code 600009023 is used in RBI cheque clearing process to identify the branch Taramani 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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