Apna Sahakari Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Apna Sahakari Bank Mumbai Greater Bombay Maharashtra

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MICR Code	400098004
Bank	Apna Sahakari Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lower Parel
Contact	022 24947332/ 24931968/ 24947331
Bank Details	Apna Sahakari Bank Ltd Lower Parel ASBL0000004

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400013
Country	IN
Address	Matulya centre, jn.of g.k.marg & j phatankar marg, mumbai 400013

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 400098004 for Lower Parel 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 400098004 of Apna Bank, Lower Parel branch makes the system almost error free and faster. Use of Apna Bank MICR codes for Lower Parel branch, makes the characters readable even if there are other marks and stamps on it.

A total of 28 branches of Apna Sahakari Bank Ltd are available with micr code -

>>Administration Office >>Andheri >>Bhandup >>Borivli >>Charkop >>Chembur >>Dadar (W) >>Dadasaheb Sarfare Chowk >>Dharavi >>Dindoshi >>Dr Ambedkar Road >>Ghatkopar >>Ghatkoper West >>Goragoan West >>Jogeshwari >>Kurla >>Lower Parel >>Malad (E) >>Malad (W) >>Mulund (E) >>Mulund West >>Naigaon >>Parel Main >>Powai >>Pratiksha Nagar >>Treasury >>Vashi >>Vikhroli (E)

MICR code for Apna Sahakari Bank Lower Parel

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 Lower Parel 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. 400098004 is the MICR code of Apna Sahakari Bank for Lower Parel branch. MICR code for Lower Parel 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 Lower Parel is presented in the table alongside.

Use of Apna Bank MICR code for Lower Parel branch in mumbai

The MICR code 400098004 is used in RBI cheque clearing process to identify the branch Lower Parel 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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