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NKGSB Bank Vadgaon Sheri Pune Maharashtra MICR CODE

Find MICR Codes for NKGSB Bank Vadgaon Sheri Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	411086011
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	Vadgaon Sheri
Contact	Branch Head 022-23850508 / 23850507
Bank Details	Nkgsb Co-Op Bank Ltd Vadgaon Sheri NKGS0000081

Location	Vadgaon Sheri, Pune
City	Vadgaon Sheri
District	Pune
State	Maharashtra
Pincode	411014
Country	IN
Address	Shop no. 2, lalwani heights,sainikwadi,vadgaon sheri, pune 411014

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 411086011 for Vadgaon Sheri 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 411086011 of NKGSB Co Op Bank, Vadgaon Sheri branch makes the system almost error free and faster. Use of NKGSB Co Op Bank MICR codes for Vadgaon Sheri 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 -

>>Vadgaon Sheri

MICR code for NKGSB Bank Vadgaon Sheri

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 Vadgaon Sheri 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. 411086011 is the MICR code of NKGSB Cooperative Bank for Vadgaon Sheri branch. MICR code for Vadgaon Sheri 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 Vadgaon Sheri is presented in the table alongside.

Use of NKGSB Co Op Bank MICR code for Vadgaon Sheri branch in vadgaon sheri

The MICR code 411086011 is used in RBI cheque clearing process to identify the branch Vadgaon Sheri 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.