Cosmos Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Cosmos Bank Vadodara Vadodara Gujarat

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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 Productivity Road
Contact Mr. Patel Bharatbhai , Manager,Ph.No.0265-3248765,3248766
Bank Details Cosmos Co-Op Bank Ltd Productivity Road COSB0000064
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390005
Country IN
Address 24, sampatrao society alkapuri borada 390005
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 390164002 for Productivity Road 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 390164002 of Cosmos Cooperative Bank, Productivity Road branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for Productivity Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Kothipole >>Productivity Road >>Sama Road >>Subhanpura >>Vip Road >>Waghodia Road

MICR code for Cosmos Bank Productivity Road

Cosmos Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Cosmos Cooperative Bank MICR code for Productivity Road 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. 390164002 is the MICR code of Cosmos Bank for Productivity Road branch. MICR code for Productivity Road 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 Cosmos Cooperative Bank Productivity Road is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for Productivity Road branch in vadodara

The MICR code 390164002 is used in RBI cheque clearing process to identify the branch Productivity Road and Cosmos Cooperative 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 Cosmos Bank is typically in either of these two font’s: E-138 and CMC-7.

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