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Capital Bank Nadala Kapurthala Punjab MICR CODE

Find MICR Codes for Capital Bank Nadala Kapurthala Punjab

MICR Code
Bank Capital Small Finance Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Capital Local Area Bank Limited Nadala
Contact
Bank Details Capital Small Finance Bank Ltd Capital Local Area Bank Limited Nadala CLBL0000037
Location Nadala, Kapurthala
City Nadala
District Kapurthala
State Punjab
Pincode 144624
Country IN
Address Capital local area bank limited,vpo nadala -144624 tehsil bholath
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 Capital Bank MICR Codes in kapurthala

You can search through MICR Codes of Punjab branches in nadala of District kapurthala in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Capital Small Finance Bank Ltd are available with micr code -

>>Capital Local Area Bank Limited Nadala

How to find MICR codes for Capital Bank in nadala?

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

Capital Small Finance Bank MICR code in nadala

Capital Bank MICR code is a character recognition technology used by banks in the processing of cheques. Capital Small Finance Bank MICR code for nadala 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 Capital Bank branches in nadala, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Capital Bank MICR code for nadala 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 Capital Bank nadala 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 Capital Small Finance Bank nadala branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Capital Bank MICR codes for nadala branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!