MICR Code Bank
Find MICR code for Nagar Urban Co-Operative Bank branches in India for NEFT and RTGS transfer

Nagar Urban Co-Operative Bank MICR CODE

Find MICR Codes for Nagar Urban Co-Operative Bank

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  1. Nagar Urban Co-operative Bank »
  2. Maharashtra »
  3. ahmednagar »
  4. ahmednagar »
  5. ahmednagar

Find MICR Codes for Nagar Urban Co-Operative Bank

MICR Code: -NA-
Bank: Nagar Urban Co-operative Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Ahmednagar
Contact:
Bank Details: Nagar Urban Co-operative Bank Ahmednagar NUCB0000002
Location: Ahmednagar, Ahmednagar
City: Ahmednagar
District: Ahmednagar
State: Maharashtra
Pincode: 414001
Country: IN
Address: Bank road,post box no 7, ahmednagar.414001,maharashtra

How does MICR code for 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 of Nagar Urban Co-Op Bank, branch makes the system almost error free and faster. Use of Nagar Urban Co-Op Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Nagar Urban Co-operative Bank are available with micr code

>>Ahmednagar >>Renuka Matah Patsansatha

MICR code for Nagar Urban Co-Operative Bank

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

Use of Nagar Urban Co-Op Bank MICR code for branch in ahmednagar

The MICR code is used in RBI cheque clearing process to identify the branch and Nagar Urban 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 Nagar Urban Bank is typically in either of these two font’s: E-138 and CMC-7.