Gurgaon Gramin Bank Palwali Faridabad Haryana MICR CODE

Find MICR Codes for Gurgaon Gramin Bank Palwali Faridabad Haryana

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MICR Code	-NA-
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	Palwali
Contact	0129-2202598
Bank Details	Gurgaon Gramin Bank Palwali GGBK0001190

Location	Palwali, Faridabad
City	Palwali
District	Faridabad
State	Haryana
Pincode	121002
Country	IN
Address	Vpo-kheri kalan, district faridabad, 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 0 for Palwali 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 Gurgaon Bank, Palwali branch makes the system almost error free and faster. Use of Gurgaon Bank MICR codes for Palwali branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Gurgaon Gramin Bank are available with micr code -

>>Palwali

MICR code for Gurgaon Gramin Bank Palwali

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 Palwali 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 GG Bank for Palwali branch. MICR code for Palwali 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 Palwali is presented in the table alongside.

Use of Gurgaon Bank MICR code for Palwali branch in palwali

The MICR code 0 is used in RBI cheque clearing process to identify the branch Palwali 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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