AP Mahesh Bank Rajahmundry East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for AP Mahesh Bank Rajahmundry East Godavari Andhra Pradesh

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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 Rajahmundry
Contact 0883-2426295
Bank Details The A.P. Mahesh Co-Op Urban Bank Ltd Rajahmundry APMC0000903
Location Rajahmundry, East Godavari
City Rajahmundry
District East Godavari
State Andhra Pradesh
Pincode 530001
Country IN
Address C/o. Dr. M. Gangaiah complex, 8-24-121, 1st floor, main road, rajahmundry - 530 001.
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 500142903 for Rajahmundry 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 500142903 of AP Mahesh Co Op Bank, Rajahmundry branch makes the system almost error free and faster. Use of AP Mahesh Co Op Bank MICR codes for Rajahmundry branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The A.P. Mahesh Co-Op Urban Bank Ltd are available with micr code -

>>Rajahmundry

MICR code for AP Mahesh Bank Rajahmundry

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 Rajahmundry 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. 500142903 is the MICR code of AP Mahesh Co Op Urban Bank for Rajahmundry branch. MICR code for Rajahmundry 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 Rajahmundry is presented in the table alongside.

Use of AP Mahesh Co Op Bank MICR code for Rajahmundry branch in rajahmundry

The MICR code 500142903 is used in RBI cheque clearing process to identify the branch Rajahmundry 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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