Kurmanchal Bank Ranikhet Almora Uttrakhand MICR CODE

Find MICR Codes for Kurmanchal Bank Ranikhet Almora 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 Ranikhet
Contact 9456596429,05966-220400
Bank Details Kurmanchal Nagar Sahakari Bank Ltd Ranikhet KNSB0010029
Location Ranikhet, Almora
City Ranikhet
District Almora
State Uttrakhand
Pincode 263645
Country IN
Address Moon hotel, gandhi chowk
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 263846602 for Ranikhet 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 263846602 of Kurmanchal Sahakari Bank, Ranikhet branch makes the system almost error free and faster. Use of Kurmanchal Sahakari Bank MICR codes for Ranikhet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kurmanchal Nagar Sahakari Bank Ltd are available with micr code -

>>Ranikhet

MICR code for Kurmanchal Bank Ranikhet

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 Ranikhet 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. 263846602 is the MICR code of Kurmanchal Nagar Sahakari Bank for Ranikhet branch. MICR code for Ranikhet 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 Ranikhet is presented in the table alongside.

Use of Kurmanchal Sahakari Bank MICR code for Ranikhet branch in ranikhet

The MICR code 263846602 is used in RBI cheque clearing process to identify the branch Ranikhet 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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