Kangra Central Bank Gagret Una Himachal Pradesh MICR CODE

Find MICR Codes for Kangra Central Bank Gagret Una 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 Gagret
Contact Sh. Inderjit
Bank Details The Kangra Central Co-Operative Bank Ltd. Gagret KACE0000037
Location Gagret, Una
City Gagret
District Una
State Himachal Pradesh
Pincode 177201
Country IN
Address Vpo gagret tehsil amb distt una h.p. 177201
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 0 for Gagret 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 0 of Kangra Central Co Op Bank, Gagret branch makes the system almost error free and faster. Use of Kangra Central Co Op Bank MICR codes for Gagret 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 -

>>Gagret

MICR code for Kangra Central Bank Gagret

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 Gagret 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. 0 is the MICR code of Kangra Central Co-Operative Bank for Gagret branch. MICR code for Gagret 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 Gagret is presented in the table alongside.

Use of Kangra Central Co Op Bank MICR code for Gagret branch in gagret

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gagret 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.

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