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Ratnakar Bank Dadra And Nagar Haveli MICR CODE

Find MICR Codes for Ratnakar Bank Dadra And Nagar Haveli

MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Silvassa
Contact 0260-2993027
Bank Details Ratnakar Bank Ltd Silvassa RATN0000080
Location Silvassa, Not Available
City Silvassa
District Not Available
State Dadra And Nagar Haveli
Pincode 396230
Country IN
Address Unit no.1,2 & 7, roshan avenue, silvassa-vapi road, silvassa - 396 230.
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 Ratnakar Bank MICR Codes in Dadra And Nagar Haveli

You can search through MICR Codes of Ratnakar Bank in Dadra And Nagar Haveli State! Reserve Bank of India publishes updated MICR Codes for Ratnakar Bank from time to time on their website, and we are doing our best in updating information of Ratnakar Bank MICR Codes.

How to find MICR codes for Ratnakar Bank in Dadra And Nagar Haveli?

MICR codes for Ratnakar Bank in Dadra And Nagar Haveli are given in the table alongside. Address, contact numbers and other details are also provided along with the MICR code. Narrow down your search either by selecting any particular district from the drop down list or by selecting the district from Ratnakar Bank MICR codes list given on the right side. One can find MICR codes for all Ratnakar Bank branches in Dadra And Nagar Haveli here.

Ratnakar Bank MICR code in Dadra And Nagar Haveli

Ratnakar Bank MICR code in Dadra And Nagar Haveli state is a standard 9 digit code printed on cheques using a special type of ink. This ink or toner is magnetic and contains iron oxide. Ratnakar Bank MICR number includes the document type indicator, bank code, cheque number, etc. This code is used to identify bank and account information to which the cheque belongs. The main purpose of Ratnakar Bank MICR code for Dadra And Nagar Haveli branches is to make clearance process of cheques faster and without errors.

Why is Ratnakar Bank MICR code for Dadra And Nagar Haveli branches used for clearing of cheques?

The Ratnakar Bank MICR code for Dadra And Nagar Haveli branches allows the cheque information to be read automatically by passing it before an MICR reader. Each character produces a specific pattern which can be easily identified. Ratnakar Bank Dadra And Nagar Haveli MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters legible even if they are obscured by stamps and signatures. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and bank. The principal purpose of Ratnakar Bank MICR code for Dadra And Nagar Haveli branches is to print accounting and routing information on cheques and other documents in a machine readable format in order to speed up the clearing process.