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

NABARD MICR CODE

Find MICR Codes for NABARD

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  1. National Bank for Agriculture and Rural Development »
  2. Maharashtra »
  3. mumbai »
  4. mumbai »
  5. head office

Find MICR Codes for NABARD

MICR Code: -NA-
Bank: National Bank for Agriculture and Rural Development
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Head Office
Contact: 26530095
Bank Details: National Bank for Agriculture and Rural Development Head Office NBRD0000002
Location: Mumbai, Mumbai
City: Mumbai
District: Mumbai
State: Maharashtra
Pincode: 400093
Country: IN
Address: Plot c-24,g block,bandra kurla complex,bkc road,bandra east,mumbai,maharashtra 400051

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

A total of 2 branches of National Bank for Agriculture and Rural Development are available with micr code

>>Head Office >>Rtgsho

MICR code for NABARD

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

Use of NABARD MICR code for branch in mumbai

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