Ambarnath Jaihind Coop Bank Limited Thane Thane Maharashtra MICR CODE

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

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MICR Code	400805010
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	Thane Branch
Contact	25813882
Bank Details	Ambarnath Jaihind Coop Bank Ltd Thane Branch AJHC0001010

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400602
Country	IN
Address	G-2,plot no.c-2,yashodhan nagar,near yashodhan nagar telephone exe

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 400805010 for Thane 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 400805010 of Ambarnath Jaihind Coop Bank Limited, Thane Branch branch makes the system almost error free and faster. Use of Ambarnath Jaihind Coop Bank Limited MICR codes for Thane Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Ambarnath Jaihind Coop Bank Ltd are available with micr code -

>>Thane Branch

MICR code for Ambarnath Jaihind Coop Bank Limited Thane 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 Thane 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. 400805010 is the MICR code of Ambarnath Jaihind Coop Bank Limited for Thane Branch branch. MICR code for Thane 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 Thane Branch is presented in the table alongside.

Use of Ambarnath Jaihind Coop Bank Limited MICR code for Thane Branch branch in thane

The MICR code 400805010 is used in RBI cheque clearing process to identify the branch Thane 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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