North Malabar Bank Thalassery Cannur Kerala MICR CODE

Find MICR Codes for North Malabar Bank Thalassery Cannur Kerala

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MICR Code	670460102
Bank	North Malabar Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Thalassery
Contact	9400069072
Bank Details	North Malabar Gramin Bank Thalassery NMGB0000072

Location	Thalassery, Cannur
City	Thalassery
District	Cannur
State	Kerala
Pincode	670101
Country	IN
Address	North malabar gramin bank, thalassery branch, p o thalassery -670 101, kannur district, kerala, ph: 0490-2320815

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 670460102 for Thalassery 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 670460102 of Malabar Bank, Thalassery branch makes the system almost error free and faster. Use of Malabar Bank MICR codes for Thalassery branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of North Malabar Gramin Bank are available with micr code -

>>New Mahe >>Thalassery >>West Ponniam

MICR code for North Malabar Bank Thalassery

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 Thalassery 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. 670460102 is the MICR code of Malabar Gramin Bank for Thalassery branch. MICR code for Thalassery 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 Thalassery is presented in the table alongside.

Use of Malabar Bank MICR code for Thalassery branch in thalassery

The MICR code 670460102 is used in RBI cheque clearing process to identify the branch Thalassery 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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