MICR Code Bank
Find MICR code for The Nilambur Co Operative Urban Bank Ltd branches in India for NEFT and RTGS transfer

The Nilambur Co Operative Urban Bank Ltd MICR CODE

Find MICR Codes for The Nilambur Co Operative Urban Bank Ltd

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  1. The Nilambur Co Operative Urban Bank Limited »
  2. Kerala »
  3. malappuram »
  4. erumamunda »
  5. erumamunda branch

Find MICR Codes for The Nilambur Co Operative Urban Bank Ltd

MICR Code: -NA-
Bank: The Nilambur Co Operative Urban Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Erumamunda Branch
Contact:
Bank Details: The Nilambur Co Operative Urban Bank Limited Erumamunda Branch NCUB0000024
Location: Erumamunda, Malappuram
City: Erumamunda
District: Malappuram
State: Kerala
Pincode: 679334
Country: IN
Address: Room no 572 b,ward 20,erumamunda post,malappuram dist -679334

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

A total of 1 branches of The Nilambur Co Operative Urban Bank Limited are available with micr code

>>Erumamunda Branch

MICR code for The Nilambur Co Operative Urban Bank Ltd

The Nilambur Co Operative Urban Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. NCUB 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 The Nilambur Co Operative Urban Bank Ltd 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 NCUB is presented in the table alongside.

Use of NCUB MICR code for branch in erumamunda

The MICR code is used in RBI cheque clearing process to identify the branch and NCUB 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 The Nilambur Co Operative Urban Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.