Apna Sahakari Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Apna Sahakari Bank Mumbai Greater Bombay Maharashtra

↻ Reload
MICR Code
Bank Apna Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dadar (W)
Contact 022 24328337/24328336
Bank Details Apna Sahakari Bank Ltd Dadar (W) ASBL0000043
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400028
Country IN
Address Madhukala chs, r.k.vaidya marg, dadar (w) mumbai 400028
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 400098028 for Dadar (W) 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 400098028 of Apna Bank, Dadar (W) branch makes the system almost error free and faster. Use of Apna Bank MICR codes for Dadar (W) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Apna Sahakari Bank Dadar (W)

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 Dadar (W) 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. 400098028 is the MICR code of Apna Sahakari Bank for Dadar (W) branch. MICR code for Dadar (W) 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 Dadar (W) is presented in the table alongside.

Use of Apna Bank MICR code for Dadar (W) branch in mumbai

The MICR code 400098028 is used in RBI cheque clearing process to identify the branch Dadar (W) 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.

Copied!