Ambarnath Jaihind Coop Bank Limited Ambarnath Thane Maharashtra MICR CODE

Find MICR Codes for Ambarnath Jaihind Coop Bank Limited Ambarnath Thane Maharashtra

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MICR Code	400805002
Bank	Ambarnath Jaihind Coop Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Main Branch
Contact	2674371
Bank Details	Ambarnath Jaihind Coop Bank Ltd Main Branch AJHC0001002

Location	Ambarnath, Thane
City	Ambarnath
District	Thane
State	Maharashtra
Pincode	421501
Country	IN
Address	44,purvadarshan,lokmanya tilak path,ambarnath ( w),dist.thane -421501

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 400805002 for Main 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 400805002 of Ambarnath Jaihind Coop Bank Limited, Main Branch branch makes the system almost error free and faster. Use of Ambarnath Jaihind Coop Bank Limited MICR codes for Main Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Ambarnath Jaihind Coop Bank Ltd are available with micr code -

>>Main Branch >>Rtgsho >>Shivaji Nagar

MICR code for Ambarnath Jaihind Coop Bank Limited Main Branch

Ambarnath Jaihind Coop Bank Limited MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ambarnath Jaihind Coop Bank Limited MICR code for Main 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. 400805002 is the MICR code of Ambarnath Jaihind Coop Bank Limited for Main Branch branch. MICR code for Main 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 Ambarnath Jaihind Coop Bank Limited Main Branch is presented in the table alongside.

Use of Ambarnath Jaihind Coop Bank Limited MICR code for Main Branch branch in ambarnath

The MICR code 400805002 is used in RBI cheque clearing process to identify the branch Main Branch and Ambarnath Jaihind Coop Bank Limited 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 Ambarnath Jaihind Coop Bank Limited is typically in either of these two font’s: E-138 and CMC-7.

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