Kurmanchal Bank Nainital Nainital Uttrakhand MICR CODE

Find MICR Codes for Kurmanchal Bank Nainital Nainital Uttrakhand

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MICR Code
Bank Kurmanchal Nagar Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mallital
Contact 9456596405,05942-235427
Bank Details Kurmanchal Nagar Sahakari Bank Ltd Mallital KNSB0010005
Location Nainital, Nainital
City Nainital
District Nainital
State Uttrakhand
Pincode
Country IN
Address Shyama house, mallital
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 263846302 for Mallital 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 263846302 of Kurmanchal Sahakari Bank, Mallital branch makes the system almost error free and faster. Use of Kurmanchal Sahakari Bank MICR codes for Mallital branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Kurmanchal Nagar Sahakari Bank Ltd are available with micr code -

>>Balika >>Head Office >>Head Officeservice Center >>Mallital >>Tallital

MICR code for Kurmanchal Bank Mallital

Kurmanchal Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kurmanchal Sahakari Bank MICR code for Mallital 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. 263846302 is the MICR code of Kurmanchal Nagar Sahakari Bank for Mallital branch. MICR code for Mallital 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 Kurmanchal Sahakari Bank Mallital is presented in the table alongside.

Use of Kurmanchal Sahakari Bank MICR code for Mallital branch in nainital

The MICR code 263846302 is used in RBI cheque clearing process to identify the branch Mallital and Kurmanchal 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 Kurmanchal Nagar Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.

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