The Kerala State Co Operative Bank Ltd Kannur Mathamangalam Kerala MICR CODE

Find MICR Codes for The Kerala State Co Operative Bank Ltd Kannur Mathamangalam Kerala

MICR Code
Bank The Kerala State Co Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mathamangalam
Contact 498-5277666
Bank Details The Kerala State Co Operative Bank Ltd Mathamangalam KSBK0001749
Location Kannur, Mathamangalam
City Kannur
District Mathamangalam
State Kerala
Pincode
Country IN
Address Kv835mno, mathamangalam, mathamangalambazar, kannurin
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 Mathamangalam 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, Mathamangalam branch makes the system almost error free and faster. Use of The Kerala State Co Op Bank Limited MICR codes for Mathamangalam 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 -

>>Mathamangalam

MICR code for The Kerala State Co Operative Bank Ltd Mathamangalam

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

Use of The Kerala State Co Op Bank Limited MICR code for Mathamangalam branch in kannur

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