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State Bank Of Travancore Udhagamandalam Nilgiris Tamil Nadu MICR CODE

Find MICR Codes for State Bank Of Travancore Udhagamandalam Nilgiris Tamil Nadu

MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ootacamund
Contact
Bank Details State Bank Of Travancore Ootacamund SBTR0000005
Location Udhagamandalam, Nilgiris
City Udhagamandalam
District Nilgiris
State Tamil Nadu
Pincode 643001
Country IN
Address P.b.no.22,, commercial road, ootacamund p.o., nilgiris, tamilnadu, pin-643001
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 Ootacamund 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, Ootacamund branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Ootacamund branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Travancore are available with micr code -

>>Ootacamund

MICR code for State Bank Of Travancore Ootacamund

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 Ootacamund 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 Ootacamund branch. MICR code for Ootacamund 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 Ootacamund is presented in the table alongside.

Use of Sbt Bank MICR code for Ootacamund branch in udhagamandalam

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