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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 400238011 of Bassein Catholic Co-Op Bank, naigaon branch makes the system almost error free and faster. Use of Bassein Catholic Co-Op Bank MICR codes for naigaon branch, makes the characters readable even if there are other marks and stamps on it.
>>Agashi >>Bangli >>Bhayander >>Bhuigaon >>Extension Counter Mulgaon Vasai West >>Gass >>Giriz >>Head Office >>Head Office >>Holi >>Madinaka >>Mira Rd. >>Naigaon >>Naigaon (East) >>Nanbhat >>Nandakhal >>Umrale >>Uttan >>Zenda Bazar
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 naigaon 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. 400238011 is the MICR code of Bassein Catholic Co-Operative Bank for naigaon branch. MICR code for naigaon 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 naigaon is presented in the table alongside.
The MICR code 400238011 is used in RBI cheque clearing process to identify the branch naigaon 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.