NABARD Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for NABARD Mumbai Mumbai Maharashtra

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MICR Code	-NA-
Bank	National Bank for Agriculture and Rural Development
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Head Office
Contact	26530095
Bank Details	National Bank for Agriculture and Rural Development Head Office NBRD0000002

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400093
Country	IN
Address	Plot c-24,g block,bandra kurla complex,bkc road,bandra east,mumbai,maharashtra 400051

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.

National Bank for Agriculture and Rural Development »
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Head Office (0)

How does MICR code 0 for Head Office 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 NABARD, Head Office branch makes the system almost error free and faster. Use of NABARD MICR codes for Head Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of National Bank for Agriculture and Rural Development are available with micr code -

>>Head Office >>Rtgsho

MICR code for NABARD Head Office

NABARD MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. NABARD MICR code for Head Office 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 NABARD for Head Office branch. MICR code for Head Office 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 NABARD Head Office is presented in the table alongside.

Use of NABARD MICR code for Head Office branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Head Office and NABARD 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 NABARD is typically in either of these two font’s: E-138 and CMC-7.

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