Ratnakar Bank Howrah Howrah West Bengal MICR CODE

Find MICR Codes for Ratnakar Bank Howrah Howrah West Bengal

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MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dobson Road Howrah Kol
Contact 0
Bank Details Ratnakar Bank Ltd Dobson Road Howrah Kol RATN0000475
Location Howrah, Howrah
City Howrah
District Howrah
State West Bengal
Pincode 711101
Country IN
Address Shree niketan, ground floor, 20 dusan road, howrah, kolkata-711101
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 Dobson Road Howrah Kol 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 Ratnakar Bank, Dobson Road Howrah Kol branch makes the system almost error free and faster. Use of Ratnakar Bank MICR codes for Dobson Road Howrah Kol branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Ratnakar Bank Ltd are available with micr code -

>>Dobson Road Howrah Kol

MICR code for Ratnakar Bank Dobson Road Howrah Kol

Ratnakar Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ratnakar Bank MICR code for Dobson Road Howrah Kol 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 Ratnakar Bank for Dobson Road Howrah Kol branch. MICR code for Dobson Road Howrah Kol 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 Ratnakar Bank Dobson Road Howrah Kol is presented in the table alongside.

Use of Ratnakar Bank MICR code for Dobson Road Howrah Kol branch in howrah

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dobson Road Howrah Kol and Ratnakar 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 Ratnakar Bank is typically in either of these two font’s: E-138 and CMC-7.

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