Kangra Bank Delhi Central Delhi New Delhi MICR CODE

Find MICR Codes for Kangra Bank Delhi Central Delhi New Delhi

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MICR Code
Bank The Kangra Co-Operative Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ranjit Nagar Branch
Contact 11-65263111
Bank Details The Kangra Co-Operative Bank Ltd. Ranjit Nagar Branch KANG0000011
Location Delhi, Central Delhi
City Delhi
District Central Delhi
State New Delhi
Pincode 110008
Country IN
Address Lower ground floor, plot no- 34/105, khasra number-774/599/36, village- khampur, ranjit nagar, main patel nagar road- 110008
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 0 for Ranjit Nagar Branch 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 0 of Kangra Co Op Bank, Ranjit Nagar Branch branch makes the system almost error free and faster. Use of Kangra Co Op Bank MICR codes for Ranjit Nagar Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Kangra Co-Operative Bank Ltd. are available with micr code -

>>Ranjit Nagar Branch

MICR code for Kangra Bank Ranjit Nagar Branch

Kangra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kangra Co Op Bank MICR code for Ranjit Nagar Branch 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. 0 is the MICR code of Kangra Co-Operative Bank for Ranjit Nagar Branch branch. MICR code for Ranjit Nagar Branch 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 Kangra Co Op Bank Ranjit Nagar Branch is presented in the table alongside.

Use of Kangra Co Op Bank MICR code for Ranjit Nagar Branch branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ranjit Nagar Branch and Kangra Co Op 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 Kangra Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.

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