NKGSB Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for NKGSB Bank Pune Pune Maharashtra

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MICR Code	411026254
Bank	Nkgsb Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Aundh
Contact	Branch Head Tel.No.020-25884701
Bank Details	Nkgsb Co-Op Bank Ltd Aundh NKGS0000030

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411007
Country	IN
Address	Office no.1 & 1a, khone arcade,survey no.157, plot no.1+4, parihar chowk, aundh, pune 411007.

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 411026254 for Aundh 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 411026254 of NKGSB Co Op Bank, Aundh branch makes the system almost error free and faster. Use of NKGSB Co Op Bank MICR codes for Aundh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Nkgsb Co-Op Bank Ltd are available with micr code -

>>Aundh >>Fergusson College Road >>Kothrud >>Narayanpeth >>Paud Road >>Pimple Saudagar >>Wakad

MICR code for NKGSB Bank Aundh

NKGSB Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. NKGSB Co Op Bank MICR code for Aundh 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. 411026254 is the MICR code of NKGSB Cooperative Bank for Aundh branch. MICR code for Aundh 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 NKGSB Co Op Bank Aundh is presented in the table alongside.

Use of NKGSB Co Op Bank MICR code for Aundh branch in pune

The MICR code 411026254 is used in RBI cheque clearing process to identify the branch Aundh and NKGSB Co Op 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 NKGSB Cooperative Bank is typically in either of these two font’s: E-138 and CMC-7.

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