Andhra Pradesh Co-Op Bank Bonthapally Medak Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Co-Op Bank Bonthapally Medak Andhra Pradesh

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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 The Medak District Co Operative Central Bank Ltd.Bonthapally
Contact
Bank Details The Andhra Pradesh State Co-op Bank Ltd. The Medak District Co Operative Central Bank Ltd.Bonthapally APBL0017025
Location Bonthapally, Medak
City Bonthapally
District Medak
State Andhra Pradesh
Pincode
Country IN
Address Not yet opened
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 502816505 for The Medak District Co Operative Central Bank Ltd.Bonthapally 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 502816505 of Andhra Pradesh State Co-Op Bank, The Medak District Co Operative Central Bank Ltd.Bonthapally branch makes the system almost error free and faster. Use of Andhra Pradesh State Co-Op Bank MICR codes for The Medak District Co Operative Central Bank Ltd.Bonthapally 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 -

>>The Medak District Co Operative Central Bank Ltd.Bonthapally

MICR code for Andhra Pradesh Co-Op Bank The Medak District Co Operative Central Bank Ltd.Bonthapally

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 The Medak District Co Operative Central Bank Ltd.Bonthapally 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. 502816505 is the MICR code of Andhra Pradesh State Bank for The Medak District Co Operative Central Bank Ltd.Bonthapally branch. MICR code for The Medak District Co Operative Central Bank Ltd.Bonthapally 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 The Medak District Co Operative Central Bank Ltd.Bonthapally is presented in the table alongside.

Use of Andhra Pradesh State Co-Op Bank MICR code for The Medak District Co Operative Central Bank Ltd.Bonthapally branch in bonthapally

The MICR code 502816505 is used in RBI cheque clearing process to identify the branch The Medak District Co Operative Central Bank Ltd.Bonthapally 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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