Ratnakar Bank Nellikuppam Cuddalore Tamil Nadu MICR CODE

Find MICR Codes for Ratnakar Bank Nellikuppam Cuddalore Tamil Nadu

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MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nellikuppam
Contact 0414 - 2271555 / 2272555
Bank Details Ratnakar Bank Ltd Nellikuppam RATN0000122
Location Nellikuppam, Cuddalore
City Nellikuppam
District Cuddalore
State Tamil Nadu
Pincode 607105
Country IN
Address The ratnakar bank ltd, door no : 117/41, i floor, k.s.a.r.road, nellikuppam, cudallore district, nellikuppam - 607105
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 605176002 for Nellikuppam 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 605176002 of Ratnakar Bank, Nellikuppam branch makes the system almost error free and faster. Use of Ratnakar Bank MICR codes for Nellikuppam 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 -

>>Nellikuppam

MICR code for Ratnakar Bank Nellikuppam

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 Nellikuppam 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. 605176002 is the MICR code of Ratnakar Bank for Nellikuppam branch. MICR code for Nellikuppam 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 Nellikuppam is presented in the table alongside.

Use of Ratnakar Bank MICR code for Nellikuppam branch in nellikuppam

The MICR code 605176002 is used in RBI cheque clearing process to identify the branch Nellikuppam 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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