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Citibank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Citibank Bangalore Bangalore Urban Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560037002
Bank	Citibank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bangalore
Contact	022-40005706/022-40005922/022-28446390/022-40015618
Bank Details	Citibank Bangalore CITI0000004

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560001
Country	IN
Address	506-507, level 5, prestige meridian 2, # 30 m g road, bangalore - 560001

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 560037002 for Bangalore 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 560037002 of City Bank, Bangalore branch makes the system almost error free and faster. Use of City Bank MICR codes for Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Citibank are available with micr code -

>>Bangalore >>Jayanagar Branch

MICR code for Citibank Bangalore

Citibank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. City Bank MICR code for Bangalore 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. 560037002 is the MICR code of Citibank India for Bangalore branch. MICR code for Bangalore 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 City Bank Bangalore is presented in the table alongside.

Use of City Bank MICR code for Bangalore branch in bangalore

The MICR code 560037002 is used in RBI cheque clearing process to identify the branch Bangalore and City 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 Citibank India is typically in either of these two font’s: E-138 and CMC-7.