NKGSB Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for NKGSB Bank Pune Pune Maharashtra

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MICR Code	411086013
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	Fergusson College Road
Contact	25535550
Bank Details	Nkgsb Co-Op Bank Ltd Fergusson College Road NKGS0000087

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411005
Country	IN
Address	Shop no.2,surya bhavan,survey no.187,final plot no.555 of cts no 1181,fergusson college road,shivajinagar,pune 411005

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 411086013 for Fergusson College Road 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 411086013 of NKGSB Co Op Bank, Fergusson College Road branch makes the system almost error free and faster. Use of NKGSB Co Op Bank MICR codes for Fergusson College Road 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 Fergusson College Road

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 Fergusson College Road 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. 411086013 is the MICR code of NKGSB Cooperative Bank for Fergusson College Road branch. MICR code for Fergusson College Road 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 Fergusson College Road is presented in the table alongside.

Use of NKGSB Co Op Bank MICR code for Fergusson College Road branch in pune

The MICR code 411086013 is used in RBI cheque clearing process to identify the branch Fergusson College Road 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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