Gurgaon Gramin Bank Kanina Mahendragarh Haryana MICR CODE

Find MICR Codes for Gurgaon Gramin Bank Kanina Mahendragarh Haryana

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MICR Code	123842116
Bank	Gurgaon Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jhagroli
Contact
Bank Details	Gurgaon Gramin Bank Jhagroli GGBK0001332

Location	Kanina, Mahendragarh
City	Kanina
District	Mahendragarh
State	Haryana
Pincode	123034
Country	IN
Address	Village, post office - jhagroli, block, tahsil - kanina, district - mahendergarh, pin - 123034, haryana

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 123842116 for Jhagroli 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 123842116 of Gurgaon Bank, Jhagroli branch makes the system almost error free and faster. Use of Gurgaon Bank MICR codes for Jhagroli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Gurgaon Gramin Bank are available with micr code -

>>Jhagroli >>Kanina

MICR code for Gurgaon Gramin Bank Jhagroli

Gurgaon Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Gurgaon Bank MICR code for Jhagroli 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. 123842116 is the MICR code of GG Bank for Jhagroli branch. MICR code for Jhagroli 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 Gurgaon Bank Jhagroli is presented in the table alongside.

Use of Gurgaon Bank MICR code for Jhagroli branch in kanina

The MICR code 123842116 is used in RBI cheque clearing process to identify the branch Jhagroli and Gurgaon 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 GG Bank is typically in either of these two font’s: E-138 and CMC-7.

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