Bassein Catholic Bank Vasai Palghar Maharashtra MICR CODE

Find MICR Codes for Bassein Catholic Bank Vasai Palghar Maharashtra

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MICR Code
Bank Bassein Catholic Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambadi Road
Contact 7719872444
Bank Details Bassein Catholic Co-Op Bank Ltd Ambadi Road BACB0000042
Location Vasai, Palghar
City Vasai
District Palghar
State Maharashtra
Pincode 401202
Country IN
Address Shop no. 7 and 8, sai tower chs ltd., d wing, ambadi road, post-vasai road(west), tal. Vasai, dist. Palghar 401 202
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 400238042 for Ambadi Road 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 400238042 of Bassein Catholic Co-Op Bank, Ambadi Road branch makes the system almost error free and faster. Use of Bassein Catholic Co-Op Bank MICR codes for Ambadi Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bassein Catholic Co-Op Bank Ltd are available with micr code -

>>Ambadi Road >>Bhabola >>Kaman >>Nallasopara East New Link Road >>Nallasopara West >>Navghar Road Vasai East >>Sativali Branch

MICR code for Bassein Catholic Bank Ambadi Road

Bassein Catholic Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bassein Catholic Co-Op Bank MICR code for Ambadi Road 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. 400238042 is the MICR code of Bassein Catholic Co-Operative Bank for Ambadi Road branch. MICR code for Ambadi Road 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 Bassein Catholic Co-Op Bank Ambadi Road is presented in the table alongside.

Use of Bassein Catholic Co-Op Bank MICR code for Ambadi Road branch in vasai

The MICR code 400238042 is used in RBI cheque clearing process to identify the branch Ambadi Road and Bassein Catholic Co-Op 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 Bassein Catholic Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.

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