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Kozhikode District Bank Pantheerankave Kozhikode Kerala MICR CODE

Find MICR Codes for Kozhikode District Bank Pantheerankave Kozhikode Kerala

MICR Code
Bank Kozhikode District Cooperative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pantheerankave
Contact 2435180
Bank Details Kozhikode District Cooperative Bank Pantheerankave KDCB0000040
Location Pantheerankave, Kozhikode
City Pantheerankave
District Kozhikode
State Kerala
Pincode 673019
Country IN
Address Pantheerankave.p.o, kozhikode, pin 673 019
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 673829016 for Pantheerankave 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 673829016 of Kozhikode Bank, Pantheerankave branch makes the system almost error free and faster. Use of Kozhikode Bank MICR codes for Pantheerankave branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kozhikode District Cooperative Bank are available with micr code -

>>Pantheerankave

MICR code for Kozhikode District Bank Pantheerankave

Kozhikode District Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kozhikode Bank MICR code for Pantheerankave 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. 673829016 is the MICR code of Kozhikode District Coop Bank for Pantheerankave branch. MICR code for Pantheerankave 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 Kozhikode Bank Pantheerankave is presented in the table alongside.

Use of Kozhikode Bank MICR code for Pantheerankave branch in pantheerankave

The MICR code 673829016 is used in RBI cheque clearing process to identify the branch Pantheerankave and Kozhikode 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 Kozhikode District Coop Bank is typically in either of these two font’s: E-138 and CMC-7.