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NKGSB Bank Branch Head 0261 2354466 Surat Gujarat MICR CODE

Find MICR Codes for NKGSB Bank Branch Head 0261 2354466 Surat Gujarat

MICR Code
Bank Nkgsb Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Surat
Contact
Bank Details Nkgsb Co-Op Bank Ltd Surat NKGS0000060
Location Branch Head 0261 2354466, Surat
City Branch Head 0261 2354466
District Surat
State Gujarat
Pincode 395002
Country IN
Address G- 9, trividh chambers, opp. Fire station, ring road, surat - 395002
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 Surat 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, Surat branch makes the system almost error free and faster. Use of NKGSB Co Op Bank MICR codes for Surat 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 -

>>Surat

MICR code for NKGSB Bank Surat

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 Surat 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 Surat branch. MICR code for Surat 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 Surat is presented in the table alongside.

Use of NKGSB Co Op Bank MICR code for Surat branch in branch head 0261 2354466

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