Almora Urban Bank Lohaghat Champawat Uttrakhand MICR CODE

Find MICR Codes for Almora Urban Bank Lohaghat Champawat Uttrakhand

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MICR Code	-NA-
Bank	Almora Urban Co-Operative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Khadi Bazar Lohaghat
Contact	05965-235477
Bank Details	Almora Urban Co-Operative Bank Ltd Khadi Bazar Lohaghat AUCB0000023

Location	Lohaghat, Champawat
City	Lohaghat
District	Champawat
State	Uttrakhand
Pincode	262524
Country	IN
Address	Khadi bazar lohaghat

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 Khadi Bazar Lohaghat 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, Khadi Bazar Lohaghat branch makes the system almost error free and faster. Use of Almora Urban Co Op Bank MICR codes for Khadi Bazar Lohaghat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Almora Urban Co-Operative Bank Ltd are available with micr code -

>>Khadi Bazar Lohaghat

MICR code for Almora Urban Bank Khadi Bazar Lohaghat

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 Khadi Bazar Lohaghat 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 Khadi Bazar Lohaghat branch. MICR code for Khadi Bazar Lohaghat 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 Khadi Bazar Lohaghat is presented in the table alongside.

Use of Almora Urban Co Op Bank MICR code for Khadi Bazar Lohaghat branch in lohaghat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Khadi Bazar Lohaghat 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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