Let Others Know
×
LinkedIn
Email
WhatsApp

Kangra Central Bank Sathana Kangra Himachal Pradesh MICR CODE

Find MICR Codes for Kangra Central Bank Sathana 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 Sathana
Contact Sh. Onkar Chand
Bank Details The Kangra Central Co-Operative Bank Ltd. Sathana KACE0000071
Location Sathana, Kangra
City Sathana
District Kangra
State Himachal Pradesh
Pincode 176025
Country IN
Address Teshil fatehpur distt. Kangra h.p. 176025
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 176850059 for Sathana 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 176850059 of Kangra Central Co Op Bank, Sathana branch makes the system almost error free and faster. Use of Kangra Central Co Op Bank MICR codes for Sathana 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 -

>>Sathana

MICR code for Kangra Central Bank Sathana

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 Sathana 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. 176850059 is the MICR code of Kangra Central Co-Operative Bank for Sathana branch. MICR code for Sathana 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 Sathana is presented in the table alongside.

Use of Kangra Central Co Op Bank MICR code for Sathana branch in sathana

The MICR code 176850059 is used in RBI cheque clearing process to identify the branch Sathana 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.