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Kangra Central Bank Bani Hamirpur Himachal Pradesh MICR CODE

Find MICR Codes for Kangra Central Bank Bani Hamirpur Himachal Pradesh

MICR Code
Bank The Kangra Central Co-Operative Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bani
Contact Sh. Dalip Singh
Bank Details The Kangra Central Co-Operative Bank Ltd. Bani KACE0000098
Location Bani, Hamirpur
City Bani
District Hamirpur
State Himachal Pradesh
Pincode 174304
Country IN
Address Vpo bani distt hamirpur
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 177850018 for Bani 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 177850018 of Kangra Central Co Op Bank, Bani branch makes the system almost error free and faster. Use of Kangra Central Co Op Bank MICR codes for Bani branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Kangra Central Co-Operative Bank Ltd. are available with micr code -

>>Bani

MICR code for Kangra Central Bank Bani

Kangra Central Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kangra Central Co Op Bank MICR code for Bani 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. 177850018 is the MICR code of Kangra Central Co-Operative Bank for Bani branch. MICR code for Bani 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 Central Co Op Bank Bani is presented in the table alongside.

Use of Kangra Central Co Op Bank MICR code for Bani branch in bani

The MICR code 177850018 is used in RBI cheque clearing process to identify the branch Bani and Kangra Central 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 Central Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.