Agricole Credit Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Agricole Credit Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Credit Agricole Corp and Investment Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore
Contact Chandrashekar,Anisha,Anitha
Bank Details Credit Agricole Corp and Investment Bank Bangalore CRLY0000005
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560025
Country IN
Address 106,prestige towers,fm k.m.cariappa road,residency road,b'lore-560025
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 560240251 for Bangalore 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 560240251 of Credit Agricole Bank, Bangalore branch makes the system almost error free and faster. Use of Credit Agricole Bank MICR codes for Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Credit Agricole Corp and Investment Bank are available with micr code -

>>Bangalore

MICR code for Agricole Credit Bangalore

Agricole Credit MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Credit Agricole Bank MICR code for Bangalore 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. 560240251 is the MICR code of Agricole Bank for Bangalore branch. MICR code for Bangalore 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 Credit Agricole Bank Bangalore is presented in the table alongside.

Use of Credit Agricole Bank MICR code for Bangalore branch in bangalore

The MICR code 560240251 is used in RBI cheque clearing process to identify the branch Bangalore and Credit Agricole 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 Agricole Bank is typically in either of these two font’s: E-138 and CMC-7.

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