Akola DCC Bank Washim Washim Maharashtra MICR CODE

Find MICR Codes for Akola DCC Bank Washim Washim 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 Patni Chowk Branch Washim
Contact 0724-2415785/ 0724-2425600
Bank Details The Akola District Central Co-operative Bank Patni Chowk Branch Washim ADCC0000111
Location Washim, Washim
City Washim
District Washim
State Maharashtra
Pincode 444506
Country IN
Address The akola district central coop. Bank ltd., branch patni chowk, at.po. Washim, tq. Washim, dist. Washim 444506
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 Patni Chowk Branch Washim 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 Akola District Bank, Patni Chowk Branch Washim branch makes the system almost error free and faster. Use of Akola District Bank MICR codes for Patni Chowk Branch Washim branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of The Akola District Central Co-operative Bank are available with micr code -

>>Patni Chowk Branch Washim >>Tondgaon Branch >>Washim City Branch >>Washim Main Branch >>Zp Washim Branch

MICR code for Akola DCC Bank Patni Chowk Branch Washim

Akola DCC Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Akola District Bank MICR code for Patni Chowk Branch Washim 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 Akola District Co-Op Bank for Patni Chowk Branch Washim branch. MICR code for Patni Chowk Branch Washim 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 Akola District Bank Patni Chowk Branch Washim is presented in the table alongside.

Use of Akola District Bank MICR code for Patni Chowk Branch Washim branch in washim

The MICR code 0 is used in RBI cheque clearing process to identify the branch Patni Chowk Branch Washim and Akola District 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 Akola District Co-Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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