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NKGSB Bank Thane Mira Bhayandar Maharashtra MICR CODE

Find MICR Codes for NKGSB Bank Thane Mira Bhayandar Maharashtra

MICR Code
Bank Nkgsb Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mira Bhayandar
Contact Branch Head 022 28123331/ 022 28123332
Bank Details Nkgsb Co-Op Bank Ltd Mira Bhayandar NKGS0000062
Location Thane, Mira Bhayandar
City Thane
District Mira Bhayandar
State Maharashtra
Pincode 401107
Country IN
Address New chandan avenue, mira bhayander main road, mira road (e), district thane - 401107
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 Mira Bhayandar 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, Mira Bhayandar branch makes the system almost error free and faster. Use of NKGSB Co Op Bank MICR codes for Mira Bhayandar 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 -

>>Mira Bhayandar

MICR code for NKGSB Bank Mira Bhayandar

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 Mira Bhayandar 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 Mira Bhayandar branch. MICR code for Mira Bhayandar 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 Mira Bhayandar is presented in the table alongside.

Use of NKGSB Co Op Bank MICR code for Mira Bhayandar branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mira Bhayandar 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.