Kurmanchal Bank Nainital Haldwani Uttrakhand MICR CODE

Find MICR Codes for Kurmanchal Bank Nainital Haldwani Uttrakhand

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MICR Code
Bank Kurmanchal Nagar Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kusumkhera
Contact 5946-297142
Bank Details Kurmanchal Nagar Sahakari Bank Ltd Kusumkhera KNSB0010048
Location Nainital, Haldwani
City Nainital
District Haldwani
State Uttrakhand
Pincode 263139
Country IN
Address Hare krishna vihar gas godam road kusumkhera haldwani
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 Kusumkhera 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 Kurmanchal Sahakari Bank, Kusumkhera branch makes the system almost error free and faster. Use of Kurmanchal Sahakari Bank MICR codes for Kusumkhera branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Kurmanchal Nagar Sahakari Bank Ltd are available with micr code -

>>Damuadhunga Haldwani >>Halduchaur >>Kusumkhera

MICR code for Kurmanchal Bank Kusumkhera

Kurmanchal Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kurmanchal Sahakari Bank MICR code for Kusumkhera 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 Kurmanchal Nagar Sahakari Bank for Kusumkhera branch. MICR code for Kusumkhera 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 Kurmanchal Sahakari Bank Kusumkhera is presented in the table alongside.

Use of Kurmanchal Sahakari Bank MICR code for Kusumkhera branch in nainital

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kusumkhera and Kurmanchal Sahakari 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 Kurmanchal Nagar Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.

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