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NKGSB Bank Goa South Goa Goa MICR CODE

Find MICR Codes for NKGSB Bank Goa South Goa Goa

MICR Code
Bank Nkgsb Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasco Da Gama
Contact 67545083
Bank Details Nkgsb Co-Op Bank Ltd Vasco Da Gama NKGS0000104
Location Goa, South Goa
City Goa
District South Goa
State Goa
Pincode 403802
Country IN
Address Shop no 1,gr floor,plot no 175,chalta no 48,55to75 pts no 89,anand chambers,fi gomes road,vasco da gama, goa 403802
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 south goa

You can search through MICR Codes of Goa branches in goa of District south goa in Goa 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 -

>>Vasco Da Gama

How to find MICR codes for NKGSB Bank in goa?

NKGSB Bank goa 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 goa, one can further search by branch name specified in the table. You can find MICR codes for all NKGSB Bank goa branches.

NKGSB Co Op Bank MICR code in goa

NKGSB Bank MICR code is a character recognition technology used by banks in the processing of cheques. NKGSB Co Op Bank MICR code for goa 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 goa, 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 goa 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 goa 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 goa branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of NKGSB Cooperative Bank MICR codes for goa branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!