Gurgaon Gramin Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Gurgaon Gramin Bank Faridabad Faridabad Haryana

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MICR Code
Bank Gurgaon Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sgm Nagar Faridabad
Contact
Bank Details Gurgaon Gramin Bank Sgm Nagar Faridabad GGBK0001303
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121001
Country IN
Address Sgm nagar, a-335, badkhal road
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 Sgm Nagar Faridabad 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, Sgm Nagar Faridabad branch makes the system almost error free and faster. Use of Gurgaon Bank MICR codes for Sgm Nagar Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Gurgaon Gramin Bank are available with micr code -

>>Atali >>Baghpur >>Bharat Colony >>Dabua Colony >>Faridabad >>Jaurasi >>Katesra >>Khusalipr >>Lakarpur >>Mirpur Kurali >>Nit Faridabad >>Rasulpur >>Sector 23 Faridabad >>Sehatpur >>Sgm Nagar Faridabad >>Sihi

MICR code for Gurgaon Gramin Bank Sgm Nagar Faridabad

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 Sgm Nagar Faridabad 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 Sgm Nagar Faridabad branch. MICR code for Sgm Nagar Faridabad 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 Sgm Nagar Faridabad is presented in the table alongside.

Use of Gurgaon Bank MICR code for Sgm Nagar Faridabad branch in faridabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sgm Nagar Faridabad 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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