AP Mahesh Bank Siddipet Siddipet Telangana MICR CODE

Find MICR Codes for AP Mahesh Bank Siddipet Siddipet Telangana

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MICR Code
Bank The A.P. Mahesh Co-Op Urban Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Medak Dcc Bank Ltd. Branch Mulugu
Contact 8466995822
Bank Details The A.P. Mahesh Co-Op Urban Bank Ltd Medak Dcc Bank Ltd. Branch Mulugu APBL0017035
Location Siddipet, Siddipet
City Siddipet
District Siddipet
State Telangana
Pincode 502279
Country IN
Address H no 4-74/1, vontimamidi (v), mulugu (m), siddipet (d) - 502279
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 Medak Dcc Bank Ltd. Branch Mulugu 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 AP Mahesh Co Op Bank, Medak Dcc Bank Ltd. Branch Mulugu branch makes the system almost error free and faster. Use of AP Mahesh Co Op Bank MICR codes for Medak Dcc Bank Ltd. Branch Mulugu branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for AP Mahesh Bank Medak Dcc Bank Ltd. Branch Mulugu

AP Mahesh Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. AP Mahesh Co Op Bank MICR code for Medak Dcc Bank Ltd. Branch Mulugu 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 AP Mahesh Co Op Urban Bank for Medak Dcc Bank Ltd. Branch Mulugu branch. MICR code for Medak Dcc Bank Ltd. Branch Mulugu 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 AP Mahesh Co Op Bank Medak Dcc Bank Ltd. Branch Mulugu is presented in the table alongside.

Use of AP Mahesh Co Op Bank MICR code for Medak Dcc Bank Ltd. Branch Mulugu branch in siddipet

The MICR code 0 is used in RBI cheque clearing process to identify the branch Medak Dcc Bank Ltd. Branch Mulugu and AP Mahesh 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 AP Mahesh Co Op Urban Bank is typically in either of these two font’s: E-138 and CMC-7.

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