North East Small Finance Bank Silchar Cachar Assam MICR CODE

Find MICR Codes for North East Small Finance Bank Silchar Cachar Assam

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MICR Code	788773002
Bank	North East Small Finance Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Silchar
Contact	0
Bank Details	North East Small Finance Bank Ltd Silchar NESF0000151

Location	Silchar, Cachar
City	Silchar
District	Cachar
State	Assam
Pincode	788001
Country	IN
Address	Ward no-04, po.silchar, ps.malugram, dist.cachar, assam, pin-788001

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 788773002 for Silchar 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 788773002 of NESFB, Silchar branch makes the system almost error free and faster. Use of NESFB MICR codes for Silchar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of North East Small Finance Bank Ltd are available with micr code -

>>Alambag >>Natunbazar >>Silchar

MICR code for North East Small Finance Bank Silchar

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 Silchar 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. 788773002 is the MICR code of North East Small Finance Bank for Silchar branch. MICR code for Silchar 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 Silchar is presented in the table alongside.

Use of NESFB MICR code for Silchar branch in silchar

The MICR code 788773002 is used in RBI cheque clearing process to identify the branch Silchar 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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