Ahmedabad Mercantile Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Ahmedabad Mercantile Bank Ahmedabad Ahmedabad Gujarat

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MICR Code	380066028
Bank	Ahmedabad Mercantile 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	Rakhial
Contact	22747002
Bank Details	Ahmedabad Mercantile Co-Op Bank Ltd Rakhial AMCB0660032

Location	Ahmedabad, Ahmedabad
City	Ahmedabad
District	Ahmedabad
State	Gujarat
Pincode	380023
Country	IN
Address	Final plot no.83/2,t.p.scheme no.10,opp.raghuvir textile mills,nr.gujarat bottling co,rakhial,ahmedabad,gujarat 380023

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 380066028 for Rakhial 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 380066028 of Ahmedabad Mercantile Co-Op Bank, Rakhial branch makes the system almost error free and faster. Use of Ahmedabad Mercantile Co-Op Bank MICR codes for Rakhial branch, makes the characters readable even if there are other marks and stamps on it.

A total of 30 branches of Ahmedabad Mercantile Co-Op Bank Ltd are available with micr code -

>>Ahmedabad >>Ambawadi >>Ayojannagar >>Bapunagar >>Chandkheda >>Chandlodia >>Changodar >>Dehgam >>Delhichakla >>Girdharnagar >>Isanpur >>Latibazar >>Mahendikua >>Maninagar >>Memnagar >>Naranpura >>Naroda >>Navrangpura >>Nikol Road >>Odhav >>Paldi >>Panchkuva >>Pankornaka >>Rakhial >>Relief Road >>Rtgs Ho >>Satelite >>Solaroad >>South Bopal >>Vatva

MICR code for Ahmedabad Mercantile Bank Rakhial

Ahmedabad Mercantile Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ahmedabad Mercantile Co-Op Bank MICR code for Rakhial 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. 380066028 is the MICR code of Ahmedabad Mercantile Bank for Rakhial branch. MICR code for Rakhial 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 Ahmedabad Mercantile Co-Op Bank Rakhial is presented in the table alongside.

Use of Ahmedabad Mercantile Co-Op Bank MICR code for Rakhial branch in ahmedabad

The MICR code 380066028 is used in RBI cheque clearing process to identify the branch Rakhial and Ahmedabad Mercantile 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 Ahmedabad Mercantile Bank is typically in either of these two font’s: E-138 and CMC-7.

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