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	400098016
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	Vashi
Contact	022 27897882/ 27897881
Bank Details	Apna Sahakari Bank Ltd Vashi ASBL0000016

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400709
Country	IN
Address	Central facility bldg., no.ii, plot no.13, sector no.19,apmc market, vashi, navi mumbai 400709

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 400098016 for Vashi 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 400098016 of Apna Bank, Vashi branch makes the system almost error free and faster. Use of Apna Bank MICR codes for Vashi 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 Vashi

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 Vashi 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. 400098016 is the MICR code of Apna Sahakari Bank for Vashi branch. MICR code for Vashi 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 Vashi is presented in the table alongside.

Use of Apna Bank MICR code for Vashi branch in mumbai

The MICR code 400098016 is used in RBI cheque clearing process to identify the branch Vashi 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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