Nashik Road Deolali Vyapari Sahakari Bank Nashik Sinner Maharashtra MICR CODE

Find MICR Codes for Nashik Road Deolali Vyapari Sahakari Bank Nashik Sinner Maharashtra

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MICR Code
Bank The Nashik Road Deolali Vyapari Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sinner
Contact 2551-221934
Bank Details The Nashik Road Deolali Vyapari Sahakari Bank Ltd Sinner NDVS0000014
Location Nashik, Sinner
City Nashik
District Sinner
State Maharashtra
Pincode 422103
Country IN
Address Suryoday sankul near s.t. Stand sinnar
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 Sinner 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 Nashik Road Deolali Vyapari Sahakari Bank, Sinner branch makes the system almost error free and faster. Use of Nashik Road Deolali Vyapari Sahakari Bank MICR codes for Sinner branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Nashik Road Deolali Vyapari Sahakari Bank Ltd are available with micr code -

>>Sinner

MICR code for Nashik Road Deolali Vyapari Sahakari Bank Sinner

Nashik Road Deolali Vyapari Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Nashik Road Deolali Vyapari Sahakari Bank MICR code for Sinner 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 Nashik Road Deolali Vyapari Sahakari Bank for Sinner branch. MICR code for Sinner 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 Nashik Road Deolali Vyapari Sahakari Bank Sinner is presented in the table alongside.

Use of Nashik Road Deolali Vyapari Sahakari Bank MICR code for Sinner branch in nashik

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sinner and Nashik Road Deolali Vyapari Sahakari 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 Nashik Road Deolali Vyapari Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.

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