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NKGSB Bank Kudal Sindhudurg Maharashtra MICR CODE

Find MICR Codes for NKGSB Bank Kudal Sindhudurg Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Nkgsb Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kudal
Contact	Branch Head
Bank Details	Nkgsb Co-Op Bank Ltd Kudal NKGS0000054

Location	Kudal, Sindhudurg
City	Kudal
District	Sindhudurg
State	Maharashtra
Pincode	416520
Country	IN
Address	City center,kudal vengurla road, kudal 416520

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

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

>>Kudal

MICR code for NKGSB Bank Kudal

NKGSB Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. NKGSB Co Op Bank MICR code for Kudal 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 NKGSB Cooperative Bank for Kudal branch. MICR code for Kudal 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 NKGSB Co Op Bank Kudal is presented in the table alongside.

Use of NKGSB Co Op Bank MICR code for Kudal branch in kudal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kudal and NKGSB Co Op 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 NKGSB Cooperative Bank is typically in either of these two font’s: E-138 and CMC-7.