MICR Code Bank
Find MICR code for Nutan Bank branches in India for NEFT and RTGS transfer

Nutan Bank MICR CODE

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  1. Nutan Nagarik Sahakari Bank Ltd »
  2. Gujarat »
  3. ahmedabad »
  4. ahmedabad »
  5. satelite

Find MICR Codes for Nutan Bank

MICR Code: 380128011
Bank: Nutan Nagarik Sahakari Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Satelite
Contact: 26779694
Bank Details: Nutan Nagarik Sahakari Bank Ltd Satelite NNSB0128011
Location: Ahmedabad, Ahmedabad
City: Ahmedabad
District: Ahmedabad
State: Gujarat
Pincode: 380015
Country: IN
Address: 129-vrindavan-1, 132'ring road, satelite, ahmedabad-380015

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 Nutan Nagarik Bank, branch makes the system almost error free and faster. Use of Nutan Nagarik Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of Nutan Nagarik Sahakari Bank Ltd are available with micr code

>>Ashram Road >>Bapu Nagar >>Bopal >>Drive In Road >>Head Office >>Ishanpur >>Law Garden >>Maninagar >>Maskati Market >>Naranpura >>Narayan Nagar >>New Cloth Market >>New Sharda Mandir >>Odhav >>Panjra Pole >>Rakhial >>Rtgsho >>Satelite >>Shanti Comm. Centre >>Thaltej >>Vasna >>Vejalpur

MICR code for Nutan Bank

Nutan Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Nutan Nagarik 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 Nutan Nagarik Sahakari 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 Nutan Nagarik Bank is presented in the table alongside.

Use of Nutan Nagarik Bank MICR code for branch in ahmedabad

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