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North Malabar Bank Periya Wayanad Kerala MICR CODE

Find MICR Codes for North Malabar Bank Periya Wayanad Kerala

Bank
State
District
City
Branch
Address

MICR Code	670460802
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	Periya
Contact	9400069005
Bank Details	North Malabar Gramin Bank Periya NMGB0000005

Location	Periya, Wayanad
City	Periya
District	Wayanad
State	Kerala
Pincode	260070
Country	IN
Address	North malabar gramin bank, periya , p o periya- 670 645, wayanad district, kerala, ph: 04935-260070

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 670460802 for Periya 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 670460802 of Malabar Bank, Periya branch makes the system almost error free and faster. Use of Malabar Bank MICR codes for Periya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of North Malabar Gramin Bank are available with micr code -

>>Periya

MICR code for North Malabar Bank Periya

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 Periya 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. 670460802 is the MICR code of Malabar Gramin Bank for Periya branch. MICR code for Periya 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 Periya is presented in the table alongside.

Use of Malabar Bank MICR code for Periya branch in periya

The MICR code 670460802 is used in RBI cheque clearing process to identify the branch Periya 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.