North Malabar Bank Kodalamoguru Kasaragod Kerala MICR CODE

Find MICR Codes for North Malabar Bank Kodalamoguru 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 Kodlamogaru
Contact 9400069083
Bank Details North Malabar Gramin Bank Kodlamogaru NMGB0000083
Location Kodalamoguru, Kasaragod
City Kodalamoguru
District Kasaragod
State Kerala
Pincode 202180
Country IN
Address North malabar gramin bank, kodla mogaru  branch, pokodla mogaru -671 323, via manjeswar, kasaragod dt, kerala, ph: 04998 - 202180
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 671460813 for Kodlamogaru 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 671460813 of Malabar Bank, Kodlamogaru branch makes the system almost error free and faster. Use of Malabar Bank MICR codes for Kodlamogaru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of North Malabar Gramin Bank are available with micr code -

>>Kodlamogaru

MICR code for North Malabar Bank Kodlamogaru

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 Kodlamogaru 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. 671460813 is the MICR code of Malabar Gramin Bank for Kodlamogaru branch. MICR code for Kodlamogaru 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 Kodlamogaru is presented in the table alongside.

Use of Malabar Bank MICR code for Kodlamogaru branch in kodalamoguru

The MICR code 671460813 is used in RBI cheque clearing process to identify the branch Kodlamogaru 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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