Akola DCC Bank Borgaon Manju Akola Maharashtra MICR CODE

Find MICR Codes for Akola DCC Bank Borgaon Manju Akola Maharashtra

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MICR Code
Bank The Akola District Central Co-operative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Borgaon Manju Branch
Contact
Bank Details The Akola District Central Co-operative Bank Borgaon Manju Branch ADCC0000012
Location Borgaon Manju, Akola
City Borgaon Manju
District Akola
State Maharashtra
Pincode 444102
Country IN
Address The akola district central coop. Bank ltd., branch borgaon manju at. Po. Borgaon manju, tq. Dist. Akola. 444102
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.

Search Akola DCC Bank MICR Codes in akola

You can search through MICR Codes of Maharashtra branches in borgaon manju of District akola in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of The Akola District Central Co-operative Bank are available with micr code -

>>Borgaon Manju Branch

How to find MICR codes for Akola DCC Bank in borgaon manju?

Akola DCC Bank borgaon manju MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Akola District Bank MICR codes list for borgaon manju, one can further search by branch name specified in the table. You can find MICR codes for all Akola DCC Bank borgaon manju branches.

Akola District Bank MICR code in borgaon manju

Akola DCC Bank MICR code is a character recognition technology used by banks in the processing of cheques. Akola District Bank MICR code for borgaon manju branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Akola District Co-Op Bank branches in borgaon manju, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Akola District Co-Op Bank MICR code for borgaon manju branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Akola DCC Bank borgaon manju branch, sprinted 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. Thus MICR code for Akola District Bank borgaon manju branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Akola District Co-Op Bank MICR codes for borgaon manju branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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