Capital Local Bank Mahalpur Hoshiarpur Punjab MICR CODE

Find MICR Codes for Capital Local Bank Mahalpur Hoshiarpur Punjab

MICR Code: -NA-
Bank: Capital Local Area Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Mahilpur
Contact: 01884-500836
Bank Details: Capital Local Area Bank Ltd Mahilpur CLBL0000005
Location: Mahalpur, Hoshiarpur
City: Mahalpur
District: Hoshiarpur
State: Punjab
Pincode: 146105
Country: IN
Address: Main Road, Near Bus Stand, Mahilpur-146105, Distt. Hoshiarpur
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 Local Bank MICR Codes in hoshiarpur

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

Capital Local Area Bank Ltd branches with micr codes are available in 9 cities-

>>Chabbewal >>Dasuya >>Gardhiwal >>Garhshankar >>Hariana Bhunga >>Hoshiarpur >>Mahalpur >>Mukerian >>Urmar Tanda

How to find MICR codes for Capital Local Bank in mahalpur?

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

Capital Bank MICR code in mahalpur

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

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