Abhyudaya Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Abhyudaya Bank Mumbai Mumbai Maharashtra

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MICR Code	400065018
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	New Panvel
Contact	27453585
Bank Details	Abhyudaya Co-Op Bank Ltd New Panvel ABHY0065018

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	410206
Country	IN
Address	Abhyudaya bank bldg., sector 17, new panvel-410206

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 400065018 for New Panvel 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 400065018 of Abhyudaya Co-Op Bank, New Panvel branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for New Panvel branch, makes the characters readable even if there are other marks and stamps on it.

A total of 45 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>Abhyudaya Nagar >>Airoli >>Andheri >>Antop Hill >>Bail Bazar >>Banking Complex >>Bhandup >>Bhandup Extn.Counter >>Bhiwandi >>Borivali >>Cbd Belapur >>Chembur >>Dadar >>Dahisar East >>Darukhana >>Dharavi >>Divale Cbd >>Fort >>Ghatkopar >>Hill Road >>Kalamboli >>Kandivli >>Kanjur >>Kher Nagar >>Koparkhairne >>Lokmanya Nagar >>Malad East >>Malad West >>Mobile Bank >>Mulund >>Mumbra >>Naupada >>Nehru Nagar >>Nerul >>New Panvel >>Nhava Sheva >>Parel >>Seawood >>Sewri >>Sherly Rajan >>Treasury Dept >>Turbhe >>Vashi >>Wadala >>Worli

MICR code for Abhyudaya Bank New Panvel

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 New Panvel 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. 400065018 is the MICR code of Abhyudaya Co-Operative Bank for New Panvel branch. MICR code for New Panvel 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 New Panvel is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for New Panvel branch in mumbai

The MICR code 400065018 is used in RBI cheque clearing process to identify the branch New Panvel 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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