New India Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for New India Bank Surat Surat Gujarat

↻ Reload
MICR Code
Bank New India Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ring Road
Contact
Bank Details New India Co-Op Bank Ltd Ring Road NICB0000102
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395003
Country IN
Address Annapurna market, kamela darwaja, ring road, surat 395 003 .
MICR Code
Bank New India Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Varachha
Contact
Bank Details New India Co-Op Bank Ltd Varachha NICB0000104
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395006
Country IN
Address Ground floor, ctc tower, varachha road, surat 395 006
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.

Search New India Bank MICR Codes in surat

You can search through MICR Codes of Gujarat branches in surat of District surat in Gujarat State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Ring Road >>Varachha

How to find MICR codes for New India Bank in surat?

New India Bank surat MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From New India Co Op Bank MICR codes list for surat, one can further search by branch name specified in the table. You can find MICR codes for all New India Bank surat branches.

New India Co Op Bank MICR code in surat

New India Bank MICR code is a character recognition technology used by banks in the processing of cheques. New India Co Op Bank MICR code for surat branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for New India Co Operative Bank branches in surat, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does New India Co Operative Bank MICR code for surat branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a New India Bank surat branch, sprinted 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. Thus MICR code for New India Co Op Bank surat branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of New India Co Operative Bank MICR codes for surat branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

Copied!