The Kerala State Co Operative Bank Ltd Ernakulam Alwaye Kerala MICR CODE

Find MICR Codes for The Kerala State Co Operative Bank Ltd Ernakulam Alwaye Kerala

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MICR Code
Bank The Kerala State Co Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aluva Palace Road
Contact 484-2623784
Bank Details The Kerala State Co Operative Bank Ltd Aluva Palace Road KSBK0001398
Location Ernakulam, Alwaye
City Ernakulam
District Alwaye
State Kerala
Pincode
Country IN
Address 9, agrculturalbankbuldng, bye - passjuncton, alwaye, ernakulampin
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 Aluva Palace Road 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 The Kerala State Co Op Bank Limited, Aluva Palace Road branch makes the system almost error free and faster. Use of The Kerala State Co Op Bank Limited MICR codes for Aluva Palace Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of The Kerala State Co Operative Bank Ltd are available with micr code -

>>Aluva Main >>Aluva Palace Road

MICR code for The Kerala State Co Operative Bank Ltd Aluva Palace Road

The Kerala State Co Operative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. The Kerala State Co Op Bank Limited MICR code for Aluva Palace Road 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 The Kerala State Co Operative Bank Ltd for Aluva Palace Road branch. MICR code for Aluva Palace Road 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 The Kerala State Co Op Bank Limited Aluva Palace Road is presented in the table alongside.

Use of The Kerala State Co Op Bank Limited MICR code for Aluva Palace Road branch in ernakulam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Aluva Palace Road and The Kerala State Co Op Bank Limited 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 The Kerala State Co Operative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.

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