Nagpur Sahakari Bank Chhindwara Chhindwara Madhya Pradesh MICR CODE

Find MICR Codes for Nagpur Sahakari Bank Chhindwara Chhindwara Madhya Pradesh

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MICR Code
Bank Nagpur Nagarik Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pandhurna
Contact
Bank Details Nagpur Nagarik Sahakari Bank Ltd Pandhurna NGSB0000030
Location Chhindwara, Chhindwara
City Chhindwara
District Chhindwara
State Madhya Pradesh
Pincode 480334
Country IN
Address Shastri ward,station road,pandhurna
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 0 for Pandhurna 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 Nagpur Nagarik Bank, Pandhurna branch makes the system almost error free and faster. Use of Nagpur Nagarik Bank MICR codes for Pandhurna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Nagpur Nagarik Sahakari Bank Ltd are available with micr code -

>>Chhindwara >>Pandhurna

MICR code for Nagpur Sahakari Bank Pandhurna

Nagpur Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Nagpur Nagarik Bank MICR code for Pandhurna 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 NNS Bank for Pandhurna branch. MICR code for Pandhurna 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 Nagpur Nagarik Bank Pandhurna is presented in the table alongside.

Use of Nagpur Nagarik Bank MICR code for Pandhurna branch in chhindwara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pandhurna and Nagpur Nagarik 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 NNS Bank is typically in either of these two font’s: E-138 and CMC-7.

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