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NKGSB Bank Branch Head Chinchwad Maharashtra MICR CODE

Find MICR Codes for NKGSB Bank Branch Head Chinchwad Maharashtra

MICR Code
Bank Nkgsb Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chikhli
Contact
Bank Details Nkgsb Co-Op Bank Ltd Chikhli NKGS0000049
Location Branch Head, Chinchwad
City Branch Head
District Chinchwad
State Maharashtra
Pincode 411019
Country IN
Address Park view,plot no.27, shop no.1,2,3,4 chikli spine road,pcntda,chinchwad, pune 411019
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.

Search NKGSB Bank MICR Codes in chinchwad

You can search through MICR Codes of Maharashtra branches in branch head of District chinchwad in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Nkgsb Co-Op Bank Ltd are available with micr code -

>>Chikhli

How to find MICR codes for NKGSB Bank in branch head?

NKGSB Bank branch head MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From NKGSB Co Op Bank MICR codes list for branch head, one can further search by branch name specified in the table. You can find MICR codes for all NKGSB Bank branch head branches.

NKGSB Co Op Bank MICR code in branch head

NKGSB Bank MICR code is a character recognition technology used by banks in the processing of cheques. NKGSB Co Op Bank MICR code for branch head branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for NKGSB Cooperative Bank branches in branch head, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does NKGSB Cooperative Bank MICR code for branch head branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a NKGSB Bank branch head branch, sprinted 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. Thus MICR code for NKGSB Co Op Bank branch head branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of NKGSB Cooperative Bank MICR codes for branch head branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!