Cosmos Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Cosmos Bank Indore Indore Madhya Pradesh

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MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indore
Contact Mr. Rayrikar Vinayak, Manager, Ph.0731-2528726 Fax.0731-4040044
Bank Details Cosmos Co-Op Bank Ltd Indore COSB0000031
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address Shanti heights, 32/2, south tukoganj, indore 452 001 m.p.
MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shridevi Annapurna High School Extension Counter
Contact Mr. Rayrikar Vinayak, Manager,Ph.No.0731-2480044
Bank Details Cosmos Co-Op Bank Ltd Shridevi Annapurna High School Extension Counter COSB0000917
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address Shridevi annapurna higher secondary school extn counter, annapurna temple, annapurna road, near dashera maidan, indore
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.

Search Cosmos Bank MICR Codes in indore

You can search through MICR Codes of Madhya Pradesh branches in indore of District indore in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Indore >>Shridevi Annapurna High School Extension Counter

How to find MICR codes for Cosmos Bank in indore?

Cosmos Bank indore MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Cosmos Cooperative Bank MICR codes list for indore, one can further search by branch name specified in the table. You can find MICR codes for all Cosmos Bank indore branches.

Cosmos Cooperative Bank MICR code in indore

Cosmos Bank MICR code is a character recognition technology used by banks in the processing of cheques. Cosmos Cooperative Bank MICR code for indore branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Cosmos Bank branches in indore, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Cosmos Bank MICR code for indore branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Cosmos Bank indore branch, sprinted 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. Thus MICR code for Cosmos Cooperative Bank indore branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Cosmos Bank MICR codes for indore branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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