Let Others Know
×
LinkedIn
Email
WhatsApp

Navnirman Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Navnirman Bank Ahmedabad Ahmedabad Gujarat

MICR Code
Bank The Navnirman Co-Operative Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satellite
Contact 26926090
Bank Details The Navnirman Co-Operative Bank Limited Satellite TSAB0000166
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380015
Country IN
Address Ahmdabad
MICR Code
Bank The Navnirman Co-Operative Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satellite
Contact 26926090
Bank Details The Navnirman Co-Operative Bank Limited Satellite NVNM0000005
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode
Country IN
Address Ahmdabad
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 Satellite 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 Navnirman Coop Bank, Satellite branch makes the system almost error free and faster. Use of Navnirman Coop Bank MICR codes for Satellite branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of The Navnirman Co-Operative Bank Limited are available with micr code -

>>Chenpur >>Chenpur >>Dariapur >>Dariapur >>Kathawada >>Meghaninagar >>Meghaninagar >>Nana Chiloda >>Naranpura >>Naranpura >>Naroda Road >>Naroda Road >>Nava Naroda >>Nava Naroda >>Navrangpura >>Navrangpura >>Rakhial >>Rakhial >>Ranip >>Ranip >>Rtgsho >>Sabarmati >>Sabarmati >>Satellite >>Satellite >>Sola Road >>Sola Road

MICR code for Navnirman Bank Satellite

Navnirman Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Navnirman Coop Bank MICR code for Satellite 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 Navnirman Bank Ltd for Satellite branch. MICR code for Satellite 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 Navnirman Coop Bank Satellite is presented in the table alongside.

Use of Navnirman Coop Bank MICR code for Satellite branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Satellite and Navnirman Coop 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 Navnirman Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.