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

Find MICR Codes for The Kerala State Co Operative Bank Ltd Kannur Payyanur 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 Payyanur Evening
Contact 498-5203288
Bank Details The Kerala State Co Operative Bank Ltd Payyanur Evening KSBK0001763
Location Kannur, Payyanur
City Kannur
District Payyanur
State Kerala
Pincode
Country IN
Address V/1puupn
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 Payyanur Evening 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, Payyanur Evening branch makes the system almost error free and faster. Use of The Kerala State Co Op Bank Limited MICR codes for Payyanur Evening 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 -

>>Payyanur >>Payyanur Evening

MICR code for The Kerala State Co Operative Bank Ltd Payyanur Evening

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 Payyanur Evening 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 Payyanur Evening branch. MICR code for Payyanur Evening 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 Payyanur Evening is presented in the table alongside.

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

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