Smriti Nagrik Sahakari Bank Mandsaur Nahargarh Madhya Pradesh MICR CODE

Find MICR Codes for Smriti Nagrik Sahakari Bank Mandsaur Nahargarh Madhya Pradesh

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MICR Code
Bank Smriti Nagrik Sahakari Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nahargarh
Contact 7424-405624
Bank Details Smriti Nagrik Sahakari Bank Nahargarh SMNB0000009
Location Mandsaur, Nahargarh
City Mandsaur
District Nahargarh
State Madhya Pradesh
Pincode 458558
Country IN
Address Kamla shambhu market,ambika garden,nahargarh billod main road,mandsaur,madhya pradesh 458558
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 Nahargarh 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 Smriti Bank, Nahargarh branch makes the system almost error free and faster. Use of Smriti Bank MICR codes for Nahargarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Smriti Nagrik Sahakari Bank are available with micr code -

>>Nahargarh

MICR code for Smriti Nagrik Sahakari Bank Nahargarh

Smriti Nagrik Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Smriti Bank MICR code for Nahargarh 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 Smriti Nagrik Sahakari Bank for Nahargarh branch. MICR code for Nahargarh 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 Smriti Bank Nahargarh is presented in the table alongside.

Use of Smriti Bank MICR code for Nahargarh branch in mandsaur

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

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