Apna Sahakari Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Apna Sahakari Bank Mumbai Mumbai Maharashtra

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MICR Code
Bank Apna Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Andherieast
Contact 0
Bank Details Apna Sahakari Bank Ltd Andherieast ASBL0000085
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400059
Country IN
Address Corporate center, g-2, andheri kural road, andheri-east, mumbai-400059
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 Andherieast 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 Apna Bank, Andherieast branch makes the system almost error free and faster. Use of Apna Bank MICR codes for Andherieast branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Apna Sahakari Bank Ltd are available with micr code -

>>Andherieast >>Borivali East >>Dahisar East

MICR code for Apna Sahakari Bank Andherieast

Apna Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Apna Bank MICR code for Andherieast 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 Apna Sahakari Bank for Andherieast branch. MICR code for Andherieast 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 Apna Bank Andherieast is presented in the table alongside.

Use of Apna Bank MICR code for Andherieast branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Andherieast and Apna 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 Apna Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.

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