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North Malabar Bank Eleri West Kasaragod Kerala MICR CODE

Find MICR Codes for North Malabar Bank Eleri West Kasaragod Kerala

MICR Code
Bank North Malabar Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Narkilakad
Contact 9400069006
Bank Details North Malabar Gramin Bank Narkilakad NMGB0000006
Location Eleri West, Kasaragod
City Eleri West
District Kasaragod
State Kerala
Pincode 241348
Country IN
Address North malabar gramin bank, narkilakad branch, p o kottamala- 671 314, kasaragod district, kerala , ph: 04997-241348
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.

Search North Malabar Bank MICR Codes in kasaragod

You can search through MICR Codes of Kerala branches in eleri west of District kasaragod in Kerala State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Chittarikkal >>Narkilakad

How to find MICR codes for North Malabar Bank in eleri west?

North Malabar Bank eleri west MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Malabar Bank MICR codes list for eleri west, one can further search by branch name specified in the table. You can find MICR codes for all North Malabar Bank eleri west branches.

Malabar Bank MICR code in eleri west

North Malabar Bank MICR code is a character recognition technology used by banks in the processing of cheques. Malabar Bank MICR code for eleri west branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Malabar Gramin Bank branches in eleri west, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Malabar Gramin Bank MICR code for eleri west branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a North Malabar Bank eleri west branch, sprinted 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. Thus MICR code for Malabar Bank eleri west branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Malabar Gramin Bank MICR codes for eleri west branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!