Abhyudaya Bank Mumbai Raigad Maharashtra MICR CODE

Find MICR Codes for Abhyudaya Bank Mumbai Raigad Maharashtra

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MICR Code
Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kharghar Branch Navi Mumbai
Contact 27741002
Bank Details Abhyudaya Co-Op Bank Ltd Kharghar Branch Navi Mumbai ABHY0065042
Location Mumbai, Raigad
City Mumbai
District Raigad
State Maharashtra
Pincode 410210
Country IN
Address Shop no 66/67, patel heritage, plot no 15/17, sector 7, kharghar, navi mumbai 410210
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 400065042 for Kharghar Branch Navi Mumbai 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 400065042 of Abhyudaya Co-Op Bank, Kharghar Branch Navi Mumbai branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for Kharghar Branch Navi Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>Kharghar Branch Navi Mumbai

MICR code for Abhyudaya Bank Kharghar Branch Navi Mumbai

Abhyudaya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Abhyudaya Co-Op Bank MICR code for Kharghar Branch Navi Mumbai 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. 400065042 is the MICR code of Abhyudaya Co-Operative Bank for Kharghar Branch Navi Mumbai branch. MICR code for Kharghar Branch Navi Mumbai 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 Abhyudaya Co-Op Bank Kharghar Branch Navi Mumbai is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for Kharghar Branch Navi Mumbai branch in mumbai

The MICR code 400065042 is used in RBI cheque clearing process to identify the branch Kharghar Branch Navi Mumbai and Abhyudaya 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 Abhyudaya Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.

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