Almora Urban Bank Haldwani Nainital Uttrakhand MICR CODE

Find MICR Codes for Almora Urban Bank Haldwani Nainital Uttrakhand

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MICR Code
Bank Almora Urban Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kathghariya
Contact 0
Bank Details Almora Urban Co-Operative Bank Ltd Kathghariya AUCB0000057
Location Haldwani, Nainital
City Haldwani
District Nainital
State Uttrakhand
Pincode 263139
Country IN
Address Kathghariya, lohariyasal, haldwani pincode 263139
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 Kathghariya 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 Almora Urban Co Op Bank, Kathghariya branch makes the system almost error free and faster. Use of Almora Urban Co Op Bank MICR codes for Kathghariya branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Almora Urban Bank Kathghariya

Almora Urban Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Almora Urban Co Op Bank MICR code for Kathghariya 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 Almora Bank for Kathghariya branch. MICR code for Kathghariya 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 Almora Urban Co Op Bank Kathghariya is presented in the table alongside.

Use of Almora Urban Co Op Bank MICR code for Kathghariya branch in haldwani

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

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