Ratnakar Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Ratnakar Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ocus Technopolis Gurgaon
Contact 1800123804
Bank Details Ratnakar Bank Ltd Ocus Technopolis Gurgaon RATN0000218
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122002
Country IN
Address Rbl bank limited unit no tgf 4 and 5 ground floor ocus technopolis golf course road sector 54 gurgaon haryana 122003
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 Ocus Technopolis Gurgaon 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, Ocus Technopolis Gurgaon branch makes the system almost error free and faster. Use of Ratnakar Bank MICR codes for Ocus Technopolis Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Ratnakar Bank Ltd are available with micr code -

>>Ocus Technopolis Gurgaon >>Palam Vihar Gurugram >>Sector Forteen Gurgaon >>Supermart Dlf Phase Iv Gurgaon

MICR code for Ratnakar Bank Ocus Technopolis Gurgaon

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 Ocus Technopolis Gurgaon 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 Ocus Technopolis Gurgaon branch. MICR code for Ocus Technopolis Gurgaon 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 Ocus Technopolis Gurgaon is presented in the table alongside.

Use of Ratnakar Bank MICR code for Ocus Technopolis Gurgaon branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ocus Technopolis Gurgaon 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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