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Nova Scotia Bank Coimbaotore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Nova Scotia Bank Coimbaotore Coimbotore Tamil Nadu

MICR Code
Bank Bank Of Nova Scotia
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimabatore
Contact 044-22303404
Bank Details Bank Of Nova Scotia Coimabatore NOSC0000CJB
Location Coimbaotore, Coimbotore
City Coimbaotore
District Coimbotore
State Tamil Nadu
Pincode 641018
Country IN
Address Classic towers, 1547 trichy road, coimbatore, 641 018
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 641239002 for Coimabatore 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 641239002 of Bank Of Nova Scotia, Coimabatore branch makes the system almost error free and faster. Use of Bank Of Nova Scotia MICR codes for Coimabatore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Nova Scotia are available with micr code -

>>Coimabatore

MICR code for Nova Scotia Bank Coimabatore

Nova Scotia Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bank Of Nova Scotia MICR code for Coimabatore 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. 641239002 is the MICR code of Nova Scotia Bank for Coimabatore branch. MICR code for Coimabatore 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 Bank Of Nova Scotia Coimabatore is presented in the table alongside.

Use of Bank Of Nova Scotia MICR code for Coimabatore branch in coimbaotore

The MICR code 641239002 is used in RBI cheque clearing process to identify the branch Coimabatore and Bank Of Nova Scotia 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 Nova Scotia Bank is typically in either of these two font’s: E-138 and CMC-7.