MICR Code Bank
Find MICR code for Apna Sahakari Bank Mulund branches in India for NEFT and RTGS transfer

Apna Sahakari Bank Mulund MICR CODE

Find MICR Codes for Apna Sahakari Bank Mulund

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  1. Apna Sahakari Bank Ltd »
  2. Maharashtra »
  3. greater bombay »
  4. mumbai »
  5. mulund (e)

Find MICR Codes for Apna Sahakari Bank Mulund

MICR Code: 400098024
Bank: Apna Sahakari Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Mulund (E)
Contact: 022 21638661/21638662
Bank Details: Apna Sahakari Bank Ltd Mulund (E) ASBL0000028
Location: Mumbai, Greater Bombay
City: Mumbai
District: Greater Bombay
State: Maharashtra
Pincode: 400081
Country: IN
Address: Shiv sidhi apt., plot no.6/a, g.v.scheme road, road no.1, mulund (e) mumbai 400081

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

MICR code for Apna Sahakari Bank mulund

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 mulund 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. is the MICR code of Apna Sahakari Bank for mulund branch. MICR code for mulund 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 mulund is presented in the table alongside.

Use of Apna Bank MICR code for mulund branch in mumbai

The MICR code is used in RBI cheque clearing process to identify the branch mulund 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.