Bassein Catholic Bank Vasai Thane Maharashtra MICR CODE

Find MICR Codes for Bassein Catholic Bank Vasai Thane Maharashtra

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MICR Code	400238013
Bank	Bassein Catholic Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Uttan
Contact
Bank Details	Bassein Catholic Co-Op Bank Ltd Uttan BACB0000013

Location	Vasai, Thane
City	Vasai
District	Thane
State	Maharashtra
Pincode	401106
Country	IN
Address	Minaz shopping center',uttan naka, via - bhayander, dist.thane - 401 106

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 400238013 for Uttan 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 400238013 of Bassein Catholic Co-Op Bank, Uttan branch makes the system almost error free and faster. Use of Bassein Catholic Co-Op Bank MICR codes for Uttan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of Bassein Catholic Co-Op Bank Ltd are available with micr code -

>>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

MICR code for Bassein Catholic Bank Uttan

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 Uttan 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. 400238013 is the MICR code of Bassein Catholic Co-Operative Bank for Uttan branch. MICR code for Uttan 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 Uttan is presented in the table alongside.

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

The MICR code 400238013 is used in RBI cheque clearing process to identify the branch Uttan 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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