Bharat Bank Nashik Nasik Maharashtra MICR CODE

Find MICR Codes for Bharat Bank Nashik Nasik 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 Nashik
Contact 0253 2340455, 2340456
Bank Details Bharat Co-Op Bank (Mumbai) Ltd Nashik BCBM0000052
Location Nashik, Nasik
City Nashik
District Nasik
State Maharashtra
Pincode 422005
Country IN
Address Ground floor, rushiraj annex,d'souza colony,opp. College road, nashik 422 005
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 422112002 for Nashik 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 422112002 of Bharat Coop Bank, Nashik branch makes the system almost error free and faster. Use of Bharat Coop Bank MICR codes for Nashik branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bharat Co-Op Bank (Mumbai) Ltd are available with micr code -

>>Nashik

MICR code for Bharat Bank Nashik

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 Nashik 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. 422112002 is the MICR code of Bharat Cooperative Bank for Nashik branch. MICR code for Nashik 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 Nashik is presented in the table alongside.

Use of Bharat Coop Bank MICR code for Nashik branch in nashik

The MICR code 422112002 is used in RBI cheque clearing process to identify the branch Nashik 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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