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Kerala Gramin Bank Malappuram Malappuram Kerala MICR CODE

Find MICR Codes for Kerala Gramin Bank Malappuram Malappuram Kerala

MICR Code
Bank Kerala Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ponnani South
Contact
Bank Details Kerala Gramin Bank Ponnani South KLGB0040332
Location Malappuram, Malappuram
City Malappuram
District Malappuram
State Kerala
Pincode 679586
Country IN
Address Ponnani south near ponnani muncipal office po ponnani south malappuram dt, pin 679586
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 Ponnani South 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 Kerala Bank, Ponnani South branch makes the system almost error free and faster. Use of Kerala Bank MICR codes for Ponnani South branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kerala Gramin Bank Ponnani South

Kerala Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kerala Bank MICR code for Ponnani South 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 Kerala Gramin Bank for Ponnani South branch. MICR code for Ponnani South 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 Kerala Bank Ponnani South is presented in the table alongside.

Use of Kerala Bank MICR code for Ponnani South branch in malappuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ponnani South and Kerala 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 Kerala Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.