The Kerala State Co Operative Bank Ltd Idukki Marayoor Kerala MICR CODE

Find MICR Codes for The Kerala State Co Operative Bank Ltd Idukki Marayoor 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 Marayoor
Contact 486-5253054
Bank Details The Kerala State Co Operative Bank Ltd Marayoor KSBK0001365
Location Idukki, Marayoor
City Idukki
District Marayoor
State Kerala
Pincode 685620
Country IN
Address Thevarmadathil building,marayoor,marayoor p.o,idukki pin 685620
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 Marayoor 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, Marayoor branch makes the system almost error free and faster. Use of The Kerala State Co Op Bank Limited MICR codes for Marayoor branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Kerala State Co Operative Bank Ltd are available with micr code -

>>Marayoor

MICR code for The Kerala State Co Operative Bank Ltd Marayoor

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

Use of The Kerala State Co Op Bank Limited MICR code for Marayoor branch in idukki

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