Abhyudaya Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Abhyudaya Bank Ahmedabad Ahmedabad Gujarat

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MICR Code	380065004
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	Raipur
Contact	079-22142022
Bank Details	Abhyudaya Co-Op Bank Ltd Raipur ABHY0065204

Location	Ahmedabad, Ahmedabad
City	Ahmedabad
District	Ahmedabad
State	Gujarat
Pincode	380002
Country	IN
Address	Block no.e/1, ghantakarna mahavir cloth market, raipur, ahmedabad- 380 002.

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 380065004 for Raipur 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 380065004 of Abhyudaya Co-Op Bank, Raipur branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for Raipur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>Dholaka >>Ellisbridge >>Ghatlodiya >>Madhupura >>Manekchowk >>Mithakhali >>Odhav >>Raipur >>Thaltej >>Vatva

MICR code for Abhyudaya Bank Raipur

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 Raipur 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. 380065004 is the MICR code of Abhyudaya Co-Operative Bank for Raipur branch. MICR code for Raipur 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 Raipur is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for Raipur branch in ahmedabad

The MICR code 380065004 is used in RBI cheque clearing process to identify the branch Raipur 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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