Fedral Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Fedral Bank Thane Thane Maharashtra

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	Federal Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ambernath
Contact	91-9769417961
Bank Details	Federal Bank Ltd Ambernath FDRL0002419

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	421501
Country	IN
Address	A-7,8,9,10, nana patil pride, opposite old police station, near bethel church, kohojgaon, ambernath west, thane, maharashtra - 421501

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 Ambernath 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 Federal Bank, Ambernath branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Ambernath branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Federal Bank Ltd are available with micr code -

>>Ambernath >>Mumbai Mulund

MICR code for Fedral Bank Ambernath

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Ambernath 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 Fedral Bank for Ambernath branch. MICR code for Ambernath 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 Federal Bank Ambernath is presented in the table alongside.

Use of Federal Bank MICR code for Ambernath branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ambernath and Federal 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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