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Fedral Bank Kochi Ernakulam Kerala MICR CODE

Find MICR Codes for Fedral Bank Kochi Ernakulam Kerala

MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Edappally
Contact Mathews M, E Mail:Epy@federalbank.Co.In Ph No.: 0484-2340733(Cm)
Bank Details Federal Bank Ltd Edappally FDRL0001184
Location Kochi, Ernakulam
City Kochi
District Ernakulam
State Kerala
Pincode 682024
Country IN
Address St.george's church building, , , edappally, 682 024, kerala
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 682049003 for Edappally 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 682049003 of Federal Bank, Edappally branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Edappally branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Fedral Bank Edappally

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 Edappally 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. 682049003 is the MICR code of Fedral Bank for Edappally branch. MICR code for Edappally 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 Edappally is presented in the table alongside.

Use of Federal Bank MICR code for Edappally branch in kochi

The MICR code 682049003 is used in RBI cheque clearing process to identify the branch Edappally 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.