Ratnakar Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Ratnakar Bank Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida
Contact 9999359610
Bank Details Ratnakar Bank Ltd Noida RATN0000114
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201301
Country IN
Address The ratnakar bank ltd, p-7, sector-18, noida, basement, noida, uttar pradesh - 201301
MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida
Contact 1800123804
Bank Details Ratnakar Bank Ltd Noida RATN0000204
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201301
Country IN
Address Rbl bank limited ground floor h 1a/28 sector 63 noida-201301
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 110176004 for Noida 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 110176004 of Ratnakar Bank, Noida branch makes the system almost error free and faster. Use of Ratnakar Bank MICR codes for Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Ratnakar Bank Ltd are available with micr code -

>>Noida >>Noida

MICR code for Ratnakar Bank Noida

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 Noida 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. 110176004 is the MICR code of Ratnakar Bank for Noida branch. MICR code for Noida 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 Noida is presented in the table alongside.

Use of Ratnakar Bank MICR code for Noida branch in noida

The MICR code 110176004 is used in RBI cheque clearing process to identify the branch Noida 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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