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Kangra Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Kangra Bank Delhi Delhi New Delhi

MICR Code
Bank The Kangra Co-Operative Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Govindpuri
Contact Shashi Pal Sharma (9013568412)
Bank Details The Kangra Co-Operative Bank Ltd. Govindpuri KANG0000005
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110019
Country IN
Address The kangra cooperative bank ltd, 1/7, main road, govindpuri, new delhi -110019
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 110304005 for Govindpuri 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 110304005 of Kangra Co Op Bank, Govindpuri branch makes the system almost error free and faster. Use of Kangra Co Op Bank MICR codes for Govindpuri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of The Kangra Co-Operative Bank Ltd. are available with micr code -

>>Bhajanpura >>Govindpuri >>Jagatpuri >>Janakpuri >>Mayur Vihar >>Nangloi Branch >>Paharganj >>Pul Pehladpur >>Rohini >>Sant Nagar Burari

MICR code for Kangra Bank Govindpuri

Kangra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kangra Co Op Bank MICR code for Govindpuri 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. 110304005 is the MICR code of Kangra Co-Operative Bank for Govindpuri branch. MICR code for Govindpuri 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 Kangra Co Op Bank Govindpuri is presented in the table alongside.

Use of Kangra Co Op Bank MICR code for Govindpuri branch in delhi

The MICR code 110304005 is used in RBI cheque clearing process to identify the branch Govindpuri and Kangra Co Op 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 Kangra Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.