Adarsh Bank Parigi Vikarabad Telangana MICR CODE

Find MICR Codes for Adarsh Bank Parigi Vikarabad Telangana

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MICR Code
Bank Adarsh Co-operative Urban Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Parigi
Contact 0
Bank Details Adarsh Co-operative Urban Bank Parigi ADBK0001017
Location Parigi, Vikarabad
City Parigi
District Vikarabad
State Telangana
Pincode 501101
Country IN
Address O 4-265 to 4-268,shop o 1& 2 in first floor and shop o4 in ground floor,beside rtc depot,parigi,parigi municipality,vikarabad district,telangana 501 101
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 0 for Parigi 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 0 of Adarsh Urban Bank, Parigi branch makes the system almost error free and faster. Use of Adarsh Urban Bank MICR codes for Parigi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Adarsh Co-operative Urban Bank are available with micr code -

>>Parigi

MICR code for Adarsh Bank Parigi

Adarsh Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Adarsh Urban Bank MICR code for Parigi 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. 0 is the MICR code of Adarsh Co-Operative Urban Bank for Parigi branch. MICR code for Parigi 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 Adarsh Urban Bank Parigi is presented in the table alongside.

Use of Adarsh Urban Bank MICR code for Parigi branch in parigi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Parigi and Adarsh Urban 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 Adarsh Co-Operative Urban Bank is typically in either of these two font’s: E-138 and CMC-7.

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