NKGSB Bank Branch Head Chinchwad Maharashtra MICR CODE

Find MICR Codes for NKGSB Bank Branch Head Chinchwad Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	411026259
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	Chikhli
Contact
Bank Details	Nkgsb Co-Op Bank Ltd Chikhli NKGS0000049

Location	Branch Head, Chinchwad
City	Branch Head
District	Chinchwad
State	Maharashtra
Pincode	411019
Country	IN
Address	Park view,plot no.27, shop no.1,2,3,4 chikli spine road,pcntda,chinchwad, pune 411019

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 411026259 for Chikhli 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 411026259 of NKGSB Co Op Bank, Chikhli branch makes the system almost error free and faster. Use of NKGSB Co Op Bank MICR codes for Chikhli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Nkgsb Co-Op Bank Ltd are available with micr code -

>>Chikhli

MICR code for NKGSB Bank Chikhli

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 Chikhli 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. 411026259 is the MICR code of NKGSB Cooperative Bank for Chikhli branch. MICR code for Chikhli 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 Chikhli is presented in the table alongside.

Use of NKGSB Co Op Bank MICR code for Chikhli branch in branch head

The MICR code 411026259 is used in RBI cheque clearing process to identify the branch Chikhli 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.

Copied!