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 Nallasopara West
Contact 7719871444
Bank Details Bassein Catholic Co-Op Bank Ltd Nallasopara West BACB0000045
Location Vasai, Palghar
City Vasai
District Palghar
State Maharashtra
Pincode 401203
Country IN
Address Gala no. 1, ground floor, lotus apartment, sri prastha complex, nallasopara west, tal. Vasai, dist. Palghar 401 203
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 400238045 for Nallasopara West 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 400238045 of Bassein Catholic Co-Op Bank, Nallasopara West branch makes the system almost error free and faster. Use of Bassein Catholic Co-Op Bank MICR codes for Nallasopara West 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 Nallasopara West

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 Nallasopara West 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. 400238045 is the MICR code of Bassein Catholic Co-Operative Bank for Nallasopara West branch. MICR code for Nallasopara West 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 Nallasopara West is presented in the table alongside.

Use of Bassein Catholic Co-Op Bank MICR code for Nallasopara West branch in vasai

The MICR code 400238045 is used in RBI cheque clearing process to identify the branch Nallasopara West 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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