Kurmanchal Bank Champawat Lohaghat Uttrakhand MICR CODE

Find MICR Codes for Kurmanchal Bank Champawat Lohaghat 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 Lohaghat
Contact 5965-297004
Bank Details Kurmanchal Nagar Sahakari Bank Ltd Lohaghat KNSB0010051
Location Champawat, Lohaghat
City Champawat
District Lohaghat
State Uttrakhand
Pincode 262523
Country IN
Address Dak bunglow road lohaghat
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 Lohaghat 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, Lohaghat branch makes the system almost error free and faster. Use of Kurmanchal Sahakari Bank MICR codes for Lohaghat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kurmanchal Nagar Sahakari Bank Ltd are available with micr code -

>>Lohaghat

MICR code for Kurmanchal Bank Lohaghat

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 Lohaghat 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 Lohaghat branch. MICR code for Lohaghat 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 Lohaghat is presented in the table alongside.

Use of Kurmanchal Sahakari Bank MICR code for Lohaghat branch in champawat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lohaghat 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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