Deogiri Bank Chhtrapati Sambhajinagar Chhtrapati Sambhajinagar Maharashtra MICR CODE

Find MICR Codes for Deogiri Bank Chhtrapati Sambhajinagar Chhtrapati Sambhajinagar Maharashtra

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MICR Code
Bank Deogiri Nagari Sahakari Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nath Nagar Paithan Raod
Contact 240-2234121
Bank Details Deogiri Nagari Sahakari Bank Ltd. Nath Nagar Paithan Raod DEOB0000033
Location Chhtrapati Sambhajinagar, Chhtrapati Sambhajinagar
City Chhtrapati Sambhajinagar
District Chhtrapati Sambhajinagar
State Maharashtra
Pincode 431011
Country IN
Address Plot no 48, gut no 11, nathnagar, kanchanwadi, paithan road, chhtrapati sambhajinagar - 431011
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 Nath Nagar Paithan Raod 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 Deogiri Sahakari Bank, Nath Nagar Paithan Raod branch makes the system almost error free and faster. Use of Deogiri Sahakari Bank MICR codes for Nath Nagar Paithan Raod branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Deogiri Nagari Sahakari Bank Ltd. are available with micr code -

>>Nath Nagar Paithan Raod

MICR code for Deogiri Bank Nath Nagar Paithan Raod

Deogiri Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Deogiri Sahakari Bank MICR code for Nath Nagar Paithan Raod 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 Deogiri Bank for Nath Nagar Paithan Raod branch. MICR code for Nath Nagar Paithan Raod 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 Deogiri Sahakari Bank Nath Nagar Paithan Raod is presented in the table alongside.

Use of Deogiri Sahakari Bank MICR code for Nath Nagar Paithan Raod branch in chhtrapati sambhajinagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nath Nagar Paithan Raod and Deogiri Sahakari 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 Deogiri Bank is typically in either of these two font’s: E-138 and CMC-7.

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