Capital Bank Ferozpur Mallanwala Khass Punjab MICR CODE

Find MICR Codes for Capital Bank Ferozpur Mallanwala Khass Punjab

↻ Reload
MICR Code
Bank Capital Small Finance Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mallanwala Khass
Contact 1682-275047
Bank Details Capital Small Finance Bank Ltd Mallanwala Khass CLBL0000156
Location Ferozpur, Mallanwala Khass
City Ferozpur
District Mallanwala Khass
State Punjab
Pincode
Country IN
Address Makhu road, mallanwala khass
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 152545003 for Mallanwala Khass 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 152545003 of Capital Small Finance Bank, Mallanwala Khass branch makes the system almost error free and faster. Use of Capital Small Finance Bank MICR codes for Mallanwala Khass branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Capital Small Finance Bank Ltd are available with micr code -

>>Mallanwala Khass

MICR code for Capital Bank Mallanwala Khass

Capital Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Capital Small Finance Bank MICR code for Mallanwala Khass 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. 152545003 is the MICR code of Capital Bank for Mallanwala Khass branch. MICR code for Mallanwala Khass 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 Capital Small Finance Bank Mallanwala Khass is presented in the table alongside.

Use of Capital Small Finance Bank MICR code for Mallanwala Khass branch in ferozpur

The MICR code 152545003 is used in RBI cheque clearing process to identify the branch Mallanwala Khass and Capital Small Finance 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 Capital Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!