Bharat Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Bharat Bank Thane Thane Maharashtra

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MICR Code
Bank Bharat Co-Op Bank (Mumbai) Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anjur Phata Bhiwandi
Contact
Bank Details Bharat Co-Op Bank (Mumbai) Ltd Anjur Phata Bhiwandi BCBM0000062
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 421302
Country IN
Address First floor, navkar heights a, anjur phata, tal bhiwandi, thane 421302
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 0 for Anjur Phata Bhiwandi 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 0 of Bharat Coop Bank, Anjur Phata Bhiwandi branch makes the system almost error free and faster. Use of Bharat Coop Bank MICR codes for Anjur Phata Bhiwandi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Bharat Co-Op Bank (Mumbai) Ltd are available with micr code -

>>Anjur Phata Bhiwandi >>Bhiwandi Branch >>Diva >>Kalwa >>Miraroad Branch >>Nallasopara West >>Thane Branch >>Vasai Road Branch >>Virar West

MICR code for Bharat Bank Anjur Phata Bhiwandi

Bharat Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bharat Coop Bank MICR code for Anjur Phata Bhiwandi 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. 0 is the MICR code of Bharat Cooperative Bank for Anjur Phata Bhiwandi branch. MICR code for Anjur Phata Bhiwandi 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 Bharat Coop Bank Anjur Phata Bhiwandi is presented in the table alongside.

Use of Bharat Coop Bank MICR code for Anjur Phata Bhiwandi branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Anjur Phata Bhiwandi and Bharat Coop 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 Bharat Cooperative Bank is typically in either of these two font’s: E-138 and CMC-7.

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