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Kangra Central Bank Nagrota Bagwan Kangra Himachal Pradesh MICR CODE

Find MICR Codes for Kangra Central Bank Nagrota Bagwan Kangra 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 Nagrota Bagwan
Contact Sh. S.M. Dhiman
Bank Details The Kangra Central Co-Operative Bank Ltd. Nagrota Bagwan KACE0000012
Location Nagrota Bagwan, Kangra
City Nagrota Bagwan
District Kangra
State Himachal Pradesh
Pincode 176047
Country IN
Address V.p.o nagrota bagwan distt. Kangra 176047
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 176850173 for Nagrota Bagwan 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 176850173 of Kangra Central Co Op Bank, Nagrota Bagwan branch makes the system almost error free and faster. Use of Kangra Central Co Op Bank MICR codes for Nagrota Bagwan 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 -

>>Nagrota Bagwan

MICR code for Kangra Central Bank Nagrota Bagwan

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 Nagrota Bagwan 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. 176850173 is the MICR code of Kangra Central Co-Operative Bank for Nagrota Bagwan branch. MICR code for Nagrota Bagwan 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 Nagrota Bagwan is presented in the table alongside.

Use of Kangra Central Co Op Bank MICR code for Nagrota Bagwan branch in nagrota bagwan

The MICR code 176850173 is used in RBI cheque clearing process to identify the branch Nagrota Bagwan 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.