Akola DCC Bank Mhysang Akola Maharashtra MICR CODE

Find MICR Codes for Akola DCC Bank Mhysang 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 Mhaisang Branch
Contact
Bank Details The Akola District Central Co-operative Bank Mhaisang Branch ADCC0000014
Location Mhysang, Akola
City Mhysang
District Akola
State Maharashtra
Pincode 444003
Country IN
Address The akola district central coop. Bank ltd., branch mhaisang, at. Po. Mhaisang, tq. Dist. Akola. 444003
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 mhysang 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 -

>>Mhaisang Branch

How to find MICR codes for Akola DCC Bank in mhysang?

Akola DCC Bank mhysang 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 mhysang, one can further search by branch name specified in the table. You can find MICR codes for all Akola DCC Bank mhysang branches.

Akola District Bank MICR code in mhysang

Akola DCC Bank MICR code is a character recognition technology used by banks in the processing of cheques. Akola District Bank MICR code for mhysang 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 mhysang, 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 mhysang 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 mhysang 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 mhysang branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Akola District Co-Op Bank MICR codes for mhysang 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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