North Malabar Bank Eleri West Kasaragod Kerala MICR CODE

Find MICR Codes for North Malabar Bank Eleri West Kasaragod Kerala

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MICR Code
Bank North Malabar Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chittarikkal
Contact 9400069195
Bank Details North Malabar Gramin Bank Chittarikkal NMGB0000195
Location Eleri West, Kasaragod
City Eleri West
District Kasaragod
State Kerala
Pincode 671326
Country IN
Address North malabar gramin bank, chittarikkal, velliappallil complex, chittarikkal. P.o., kasaragod district - 671326, 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 671460825 for Chittarikkal 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 671460825 of Malabar Bank, Chittarikkal branch makes the system almost error free and faster. Use of Malabar Bank MICR codes for Chittarikkal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of North Malabar Gramin Bank are available with micr code -

>>Chittarikkal >>Narkilakad

MICR code for North Malabar Bank Chittarikkal

North Malabar Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Malabar Bank MICR code for Chittarikkal 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. 671460825 is the MICR code of Malabar Gramin Bank for Chittarikkal branch. MICR code for Chittarikkal 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 Malabar Bank Chittarikkal is presented in the table alongside.

Use of Malabar Bank MICR code for Chittarikkal branch in eleri west

The MICR code 671460825 is used in RBI cheque clearing process to identify the branch Chittarikkal and Malabar 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 Malabar Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

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