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Nagar Urban Co-Operative Bank Shirur Pune Maharashtra MICR CODE

Find MICR Codes for Nagar Urban Co-Operative Bank Shirur Pune Maharashtra

MICR Code
Bank Nagar Urban Co-operative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shirur
Contact 224242
Bank Details Nagar Urban Co-operative Bank Shirur NUCB0000135
Location Shirur, Pune
City Shirur
District Pune
State Maharashtra
Pincode 412210
Country IN
Address Ratan niwas,2349
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.

Search Nagar Urban Co-Operative Bank MICR Codes in pune

You can search through MICR Codes of Maharashtra branches in shirur of District pune in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Nagar Urban Co-operative Bank are available with micr code -

>>Shirur

How to find MICR codes for Nagar Urban Co-Operative Bank in shirur?

Nagar Urban Co-Operative Bank shirur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Nagar Urban Co-Op Bank MICR codes list for shirur, one can further search by branch name specified in the table. You can find MICR codes for all Nagar Urban Co-Operative Bank shirur branches.

Nagar Urban Co-Op Bank MICR code in shirur

Nagar Urban Co-Operative Bank MICR code is a character recognition technology used by banks in the processing of cheques. Nagar Urban Co-Op Bank MICR code for shirur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Nagar Urban Bank branches in shirur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Nagar Urban Bank MICR code for shirur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Nagar Urban Co-Operative Bank shirur branch, sprinted 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. Thus MICR code for Nagar Urban Co-Op Bank shirur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Nagar Urban Bank MICR codes for shirur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!