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State Bank Of Travancore Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for State Bank Of Travancore Chennai Chennai Tamil Nadu

MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Valasaravakkam
Contact 044-24861022
Bank Details State Bank Of Travancore Valasaravakkam SBTR0000943
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600087
Country IN
Address No.37 arcot road, valasaravakkam, chennai 600087, valasaravakkam@sbt.co.i.n fax: 044-24861021
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 Valasaravakkam 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 Sbt Bank, Valasaravakkam branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Valasaravakkam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Valasaravakkam

State Bank Of Travancore MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sbt Bank MICR code for Valasaravakkam 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 Travancore Bank for Valasaravakkam branch. MICR code for Valasaravakkam 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 Sbt Bank Valasaravakkam is presented in the table alongside.

Use of Sbt Bank MICR code for Valasaravakkam branch in chennai

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