Ahmednagar District Central Co-Op Bank Ahmednagar Ahmednagar Maharashtra MICR CODE

Find MICR Codes for Ahmednagar District Central Co-Op Bank Ahmednagar Ahmednagar Maharashtra

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MICR Code	-NA-
Bank	Ahmednagar District Central Co-op Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Fakirwada
Contact	2412-416525
Bank Details	Ahmednagar District Central Co-op Bank Fakirwada AHDC0000272

Location	Ahmednagar, Ahmednagar
City	Ahmednagar
District	Ahmednagar
State	Maharashtra
Pincode	414001
Country	IN
Address	Post fakirwada nagar tal nagar 414001

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.

Ahmednagar District Central Co-op Bank »
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Fakirwada (0)

How does MICR code 0 for Fakirwada 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 Ahmednagar District Central Co-Operative Bank Ltd, Fakirwada branch makes the system almost error free and faster. Use of Ahmednagar District Central Co-Operative Bank Ltd MICR codes for Fakirwada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Ahmednagar District Central Co-op Bank are available with micr code -

>>Ahmednagar Town >>Fakirwada >>H.C.S.M. >>Head Office >>Head Office >>Midc Nagar >>Z P Nagar

MICR code for Ahmednagar District Central Co-Op Bank Fakirwada

Ahmednagar District Central Co-Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ahmednagar District Central Co-Operative Bank Ltd MICR code for Fakirwada 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 Ahmednagar District Central Co-Op Bank for Fakirwada branch. MICR code for Fakirwada 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 Ahmednagar District Central Co-Operative Bank Ltd Fakirwada is presented in the table alongside.

Use of Ahmednagar District Central Co-Operative Bank Ltd MICR code for Fakirwada branch in ahmednagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Fakirwada and Ahmednagar District Central Co-Operative Bank Ltd 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 Ahmednagar District Central Co-Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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