MICR Code Bank
Find MICR code for Gurgaon Gramin Bank branches in India for NEFT and RTGS transfer

Gurgaon Gramin Bank MICR CODE

Find MICR Codes for Gurgaon Gramin Bank

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  1. Gurgaon Gramin Bank »
  2. Haryana »
  3. gurgaon »
  4. gurgaon »
  5. lokra

Find MICR Codes for Gurgaon Gramin Bank

MICR Code: -NA-
Bank: Gurgaon Gramin Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Lokra
Contact:
Bank Details: Gurgaon Gramin Bank Lokra GGBK0001307
Location: Gurgaon, Gurgaon
City: Gurgaon
District: Gurgaon
State: Haryana
Pincode: 122414
Country: IN
Address: Vpo:lokra

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

MICR code for Gurgaon Gramin Bank

Gurgaon Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Gurgaon Bank MICR code for 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. is the MICR code of GG Bank for branch. MICR code for 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 Gurgaon Bank is presented in the table alongside.

Use of Gurgaon Bank MICR code for branch in gurgaon

The MICR code is used in RBI cheque clearing process to identify the branch and Gurgaon 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 GG Bank is typically in either of these two font’s: E-138 and CMC-7.