Akola DCC Bank Patur Akola Maharashtra MICR CODE

Find MICR Codes for Akola DCC Bank Patur 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 Patur Branch
Contact
Bank Details The Akola District Central Co-operative Bank Patur Branch ADCC0000058
Location Patur, Akola
City Patur
District Akola
State Maharashtra
Pincode 444501
Country IN
Address The akola district central coop. Bank ltd.,branch patur, at. Po. Tq. Patur, dist. Akola. 444501
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 444831521 for Patur Branch 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 444831521 of Akola District Bank, Patur Branch branch makes the system almost error free and faster. Use of Akola District Bank MICR codes for Patur Branch branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Patur Branch

MICR code for Akola DCC Bank Patur Branch

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 Patur Branch 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. 444831521 is the MICR code of Akola District Co-Op Bank for Patur Branch branch. MICR code for Patur Branch 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 Patur Branch is presented in the table alongside.

Use of Akola District Bank MICR code for Patur Branch branch in patur

The MICR code 444831521 is used in RBI cheque clearing process to identify the branch Patur Branch 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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