Andhra Pradesh Co-Op Bank Banswada Kamareddy Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Co-Op Bank Banswada Kamareddy Telangana

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MICR Code
Bank The Andhra Pradesh State Co-op Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nizamabad Dist Coop Central Bank Ltd Hanmajipet
Contact 9666408841
Bank Details The Andhra Pradesh State Co-op Bank Ltd. Nizamabad Dist Coop Central Bank Ltd Hanmajipet APBL0018042
Location Banswada, Kamareddy
City Banswada
District Kamareddy
State Telangana
Pincode
Country IN
Address H.no 3-52,hanmajipet, banswada mandal
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 Nizamabad Dist Coop Central Bank Ltd Hanmajipet 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 Andhra Pradesh State Co-Op Bank, Nizamabad Dist Coop Central Bank Ltd Hanmajipet branch makes the system almost error free and faster. Use of Andhra Pradesh State Co-Op Bank MICR codes for Nizamabad Dist Coop Central Bank Ltd Hanmajipet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Andhra Pradesh State Co-op Bank Ltd. are available with micr code -

>>Nizamabad Dist Coop Central Bank Ltd Hanmajipet

MICR code for Andhra Pradesh Co-Op Bank Nizamabad Dist Coop Central Bank Ltd Hanmajipet

Andhra Pradesh Co-Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Andhra Pradesh State Co-Op Bank MICR code for Nizamabad Dist Coop Central Bank Ltd Hanmajipet 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 Andhra Pradesh State Bank for Nizamabad Dist Coop Central Bank Ltd Hanmajipet branch. MICR code for Nizamabad Dist Coop Central Bank Ltd Hanmajipet 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 Andhra Pradesh State Co-Op Bank Nizamabad Dist Coop Central Bank Ltd Hanmajipet is presented in the table alongside.

Use of Andhra Pradesh State Co-Op Bank MICR code for Nizamabad Dist Coop Central Bank Ltd Hanmajipet branch in banswada

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nizamabad Dist Coop Central Bank Ltd Hanmajipet and Andhra Pradesh State Co-Op 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 Andhra Pradesh State Bank is typically in either of these two font’s: E-138 and CMC-7.

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