Shikshak Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Shikshak Bank Nagpur Nagpur Maharashtra

↻ Reload
MICR Code
Bank Shikshak Sahkari Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Head Office
Contact 2774866
Bank Details Shikshak Sahkari Bank Ltd. Head Office SKSB0000002
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440018
Country IN
Address Near gandhisagar mahal, nagpur 440018
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 Head Office 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 Shikshak Sahkari Bank, Head Office branch makes the system almost error free and faster. Use of Shikshak Sahkari Bank MICR codes for Head Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Shikshak Sahkari Bank Ltd. are available with micr code -

>>Head Office >>Rtgs Ho

MICR code for Shikshak Bank Head Office

Shikshak Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Shikshak Sahkari Bank MICR code for Head Office 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 Shikshak Bank for Head Office branch. MICR code for Head Office 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 Shikshak Sahkari Bank Head Office is presented in the table alongside.

Use of Shikshak Sahkari Bank MICR code for Head Office branch in nagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Head Office and Shikshak Sahkari 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 Shikshak Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!