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Kangra Central Bank Raipur Maidan Una Himachal Pradesh MICR CODE

Find MICR Codes for Kangra Central Bank Raipur Maidan 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 Raipur Maidan
Contact Sh. Sohan Singh
Bank Details The Kangra Central Co-Operative Bank Ltd. Raipur Maidan KACE0000055
Location Raipur Maidan, Una
City Raipur Maidan
District Una
State Himachal Pradesh
Pincode 177031
Country IN
Address Teshil & dsitt. Una h.p.
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 174850114 for Raipur Maidan 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 174850114 of Kangra Central Co Op Bank, Raipur Maidan branch makes the system almost error free and faster. Use of Kangra Central Co Op Bank MICR codes for Raipur Maidan 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 -

>>Raipur Maidan

MICR code for Kangra Central Bank Raipur Maidan

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 Raipur Maidan 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. 174850114 is the MICR code of Kangra Central Co-Operative Bank for Raipur Maidan branch. MICR code for Raipur Maidan 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 Raipur Maidan is presented in the table alongside.

Use of Kangra Central Co Op Bank MICR code for Raipur Maidan branch in raipur maidan

The MICR code 174850114 is used in RBI cheque clearing process to identify the branch Raipur Maidan 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.