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Nagpur Sahakari Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Nagpur Sahakari Bank Nagpur Nagpur Maharashtra

MICR Code
Bank Nagpur Nagarik Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Itwari
Contact
Bank Details Nagpur Nagarik Sahakari Bank Ltd Itwari NGSB0000002
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440002
Country IN
Address Shahid chowk, itwari
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 Itwari 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 Nagpur Nagarik Bank, Itwari branch makes the system almost error free and faster. Use of Nagpur Nagarik Bank MICR codes for Itwari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of Nagpur Nagarik Sahakari Bank Ltd are available with micr code -

>>Bhagwan Nagar >>Chandan Nagar >>Deendayal Nagar >>Dhantoli >>Dharampeth >>Ganjakhet >>Gittikhadan >>Head Office >>Itwari >>Kalmana Mkt >>Kamptee >>Kamptee Road >>Katol >>Khamla >>Koradi >>Lakadganj >>Mahal >>Manewada >>Manish Nagar >>Midc Hingna Road >>Narkhed >>Sadar >>Sakkardara >>Sitabuldi >>Umred >>Vivekanand Nagar >>Wadi

MICR code for Nagpur Sahakari Bank Itwari

Nagpur Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Nagpur Nagarik Bank MICR code for Itwari 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 NNS Bank for Itwari branch. MICR code for Itwari 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 Nagpur Nagarik Bank Itwari is presented in the table alongside.

Use of Nagpur Nagarik Bank MICR code for Itwari branch in nagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Itwari and Nagpur Nagarik 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 NNS Bank is typically in either of these two font’s: E-138 and CMC-7.