Abhyudaya Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Abhyudaya Bank Thane Thane Maharashtra

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MICR Code	400065059
Bank	Abhyudaya Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nallasopara
Contact	0250-3290277
Bank Details	Abhyudaya Co-Op Bank Ltd Nallasopara ABHY0065059

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	401203
Country	IN
Address	Shop no. 1 & 2, ground floor, olive apartment, bldg.no.06, sector vii, nallasopara, tal vasai, dist thane.

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 400065059 for Nallasopara 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 400065059 of Abhyudaya Co-Op Bank, Nallasopara branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for Nallasopara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>Diva (E) >>Kalwa >>Kausa Mumbra >>Nallasopara >>Owale Ghodbunder >>Virar

MICR code for Abhyudaya Bank Nallasopara

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 Nallasopara 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. 400065059 is the MICR code of Abhyudaya Co-Operative Bank for Nallasopara branch. MICR code for Nallasopara 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 Nallasopara is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for Nallasopara branch in thane

The MICR code 400065059 is used in RBI cheque clearing process to identify the branch Nallasopara 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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