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Arvind Bank Nagpur Katol Maharashtra MICR CODE

Find MICR Codes for Arvind Bank Nagpur Katol Maharashtra

Bank Arvind Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Katol
Contact 7112-222710
Bank Details Arvind Sahakari Bank Ltd Katol ARBL0000002
Location Nagpur, Katol
City Nagpur
District Katol
State Maharashtra
Country IN
Address Main road katol, tah-katol, dist-nagpur
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 Arvind Bank MICR Codes in katol

You can search through MICR Codes of Maharashtra branches in nagpur of District katol in Maharashtra 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 Arvind Sahakari Bank Ltd are available with micr code -


How to find MICR codes for Arvind Bank in nagpur?

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

Arvind Sahakari Bank Ltd MICR code in nagpur

Arvind Bank MICR code is a character recognition technology used by banks in the processing of cheques. Arvind Sahakari Bank Ltd MICR code for nagpur 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 Arvind Bank branches in nagpur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

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