NKGSB Bank Bangalore Urban Bengaluru Karnataka MICR CODE

Find MICR Codes for NKGSB Bank Bangalore Urban Bengaluru Karnataka

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MICR Code
Bank Nkgsb Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajajinagar
Contact 67545083
Bank Details Nkgsb Co-Op Bank Ltd Rajajinagar NKGS0000095
Location Bangalore Urban, Bengaluru
City Bangalore Urban
District Bengaluru
State Karnataka
Pincode 560010
Country IN
Address Gr floor,old no.679,new no.02,10th main,3rd block,rajaji nagar, bengaluru 560010
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 575086003 for Rajajinagar 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 575086003 of NKGSB Co Op Bank, Rajajinagar branch makes the system almost error free and faster. Use of NKGSB Co Op Bank MICR codes for Rajajinagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Nkgsb Co-Op Bank Ltd are available with micr code -

>>Jayanagar >>Rajajinagar

MICR code for NKGSB Bank Rajajinagar

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 Rajajinagar 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. 575086003 is the MICR code of NKGSB Cooperative Bank for Rajajinagar branch. MICR code for Rajajinagar 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 Rajajinagar is presented in the table alongside.

Use of NKGSB Co Op Bank MICR code for Rajajinagar branch in bangalore urban

The MICR code 575086003 is used in RBI cheque clearing process to identify the branch Rajajinagar 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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