North East Small Finance Bank Morigaon Morigaon Assam MICR CODE

Find MICR Codes for North East Small Finance Bank Morigaon Morigaon Assam

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MICR Code
Bank North East Small Finance Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Morigaon
Contact 0
Bank Details North East Small Finance Bank Ltd Morigaon NESF0000055
Location Morigaon, Morigaon
City Morigaon
District Morigaon
State Assam
Pincode 782105
Country IN
Address Ward no.3 ( opposite sbi morigaon branch ) p.o/ p.s - morigaon,district - morigaon,assam,pin-782105
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 782773203 for Morigaon 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 782773203 of NESFB, Morigaon branch makes the system almost error free and faster. Use of NESFB MICR codes for Morigaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of North East Small Finance Bank Ltd are available with micr code -

>>Mikirbheta >>Morigaon

MICR code for North East Small Finance Bank Morigaon

North East Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. NESFB MICR code for Morigaon 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. 782773203 is the MICR code of North East Small Finance Bank for Morigaon branch. MICR code for Morigaon 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 NESFB Morigaon is presented in the table alongside.

Use of NESFB MICR code for Morigaon branch in morigaon

The MICR code 782773203 is used in RBI cheque clearing process to identify the branch Morigaon and NESFB 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 North East Small Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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