Capital Bank Ferozpur Talwandi Bhai Punjab MICR CODE

Find MICR Codes for Capital Bank Ferozpur Talwandi Bhai Punjab

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MICR Code
Bank Capital Small Finance Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Talwandi Bhai
Contact 1632-292735
Bank Details Capital Small Finance Bank Ltd Talwandi Bhai CLBL0000164
Location Ferozpur, Talwandi Bhai
City Ferozpur
District Talwandi Bhai
State Punjab
Pincode 142050
Country IN
Address Main road, near bus stand, opp.pspcl office, talwandi bhai - 142050, district ferozepur
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 Talwandi Bhai 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 Capital Small Finance Bank, Talwandi Bhai branch makes the system almost error free and faster. Use of Capital Small Finance Bank MICR codes for Talwandi Bhai 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 -

>>Talwandi Bhai

MICR code for Capital Bank Talwandi Bhai

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 Talwandi Bhai 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 Capital Bank for Talwandi Bhai branch. MICR code for Talwandi Bhai 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 Talwandi Bhai is presented in the table alongside.

Use of Capital Small Finance Bank MICR code for Talwandi Bhai branch in ferozpur

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

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