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Fedral Bank Thiruvananthapuram Thiruvananthapuram Kerala MICR CODE

Find MICR Codes for Fedral Bank Thiruvananthapuram Thiruvananthapuram Kerala

MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lulu Mall Tvm
Contact 91-9446308424
Bank Details Federal Bank Ltd Lulu Mall Tvm FDRL0002376
Location Thiruvananthapuram, Thiruvananthapuram
City Thiruvananthapuram
District Thiruvananthapuram
State Kerala
Pincode 695029
Country IN
Address E05,06, first floor, lulu mall, thiruvananthapuram, kerala- 695029
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 Lulu Mall Tvm 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 Federal Bank, Lulu Mall Tvm branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Lulu Mall Tvm branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Fedral Bank Lulu Mall Tvm

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Lulu Mall Tvm 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 Fedral Bank for Lulu Mall Tvm branch. MICR code for Lulu Mall Tvm 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 Federal Bank Lulu Mall Tvm is presented in the table alongside.

Use of Federal Bank MICR code for Lulu Mall Tvm branch in thiruvananthapuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lulu Mall Tvm and Federal 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.