Founder, former chairman and guiding light of Kurmanchal Nagar Sahakari Bank Ltd. A consummate banker, he was respected for his great intelligence and immense ability to work, and incredibly fast decision making. He brought hope to the lives of many by establishing The Kurmanchal Nagar Co-Operative Bank Ltd., establishing the Mohan Lal Sah Bal Vidya Mandir and supporting many social welfare schemes. He was considered the most respected ambassador of our ancient heritage in the modern world. He supported the progress of the bank during its early quarter century, his example and spirit continue to inspire the bank’s further progress.
What is BIC ?
The BIC or Bank symbol Code (also referred to as the SWIFT address) is a unique address that in payment messages identifies exactly the bank concerned in monetary transactions. once employed in conjunction with the IBAN it identifies the bank at that the account of the beneficiary is command.
What is RTN ?
Bank routing number or routing transit number (RTN) is a nine digit number used to identify a financial institution in a transaction. Internation banks Routing Code, Bank Identifier Code (BIC) & SWIFT codes are basically the same.
What is Bank BSR Code
Basic Statistical Return (BSR) Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System).
What is MICR Code?
The Magnetic Ink Character Recognition Code (MICR) is a numeric code that uniquely identifies a Bank-Branch participating in the ECS Credit scheme. MICR code consists of 9 digits e.g 500447125
- First 3 digits represent the city (500447125)
- Next 3 digits represent the bank (500447125)
- Last 3 digits represent the branch (500447125)
The MICR Code assigned to a bank branch is written on the MICR band of cheque leaves issued by bank branches.