State Bank Of Travancore Kota Kota Rajasthan MICR CODE

Find MICR Codes for State Bank Of Travancore Kota Kota Rajasthan

MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Velloor Kerala
Contact
Bank Details State Bank Of Travancore Velloor Kerala SBTR0000277
Location Kota, Kota
City Kota
District Kota
State Rajasthan
Pincode 686609
Country IN
Address P.b.no.1, edathamara buildings, mavelloor p.o., kottayam, kerala, pin-686609
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 Velloor Kerala 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, Velloor Kerala branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Velloor Kerala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of Travancore are available with micr code -

>>Kota >>South Kallara >>Velloor Kerala

MICR code for State Bank Of Travancore Velloor Kerala

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 Velloor Kerala 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 Velloor Kerala branch. MICR code for Velloor Kerala 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 Velloor Kerala is presented in the table alongside.

Use of Sbt Bank MICR code for Velloor Kerala branch in kota

The MICR code 0 is used in RBI cheque clearing process to identify the branch Velloor Kerala 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.

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