Kangra Central Bank Rakkar Kangra Himachal Pradesh MICR CODE

Find MICR Codes for Kangra Central Bank Rakkar Kangra Himachal Pradesh

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MICR Code
Bank The Kangra Central Co-Operative Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rakkar
Contact Sh. Davinder Singh
Bank Details The Kangra Central Co-Operative Bank Ltd. Rakkar KACE0000044
Location Rakkar, Kangra
City Rakkar
District Kangra
State Himachal Pradesh
Pincode 177043
Country IN
Address Tehail dehra distt. Kangra h.p. 177043
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 176850160 for Rakkar 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 176850160 of Kangra Central Co Op Bank, Rakkar branch makes the system almost error free and faster. Use of Kangra Central Co Op Bank MICR codes for Rakkar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Kangra Central Co-Operative Bank Ltd. are available with micr code -

>>Rakkar

MICR code for Kangra Central Bank Rakkar

Kangra Central Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kangra Central Co Op Bank MICR code for Rakkar 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. 176850160 is the MICR code of Kangra Central Co-Operative Bank for Rakkar branch. MICR code for Rakkar 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 Kangra Central Co Op Bank Rakkar is presented in the table alongside.

Use of Kangra Central Co Op Bank MICR code for Rakkar branch in rakkar

The MICR code 176850160 is used in RBI cheque clearing process to identify the branch Rakkar and Kangra Central Co Op 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 Kangra Central Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.

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