Hasti Bank Navapur Nandurbar Maharashtra MICR CODE

Find MICR Codes for Hasti Bank Navapur Nandurbar Maharashtra

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MICR Code
Bank The Hasti Co-operative Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navapur
Contact 8888891656
Bank Details The Hasti Co-operative Bank Ltd. Navapur HCBL0000113
Location Navapur, Nandurbar
City Navapur
District Nandurbar
State Maharashtra
Pincode 425418
Country IN
Address Limdiwadi, navapur pin
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 424806202 for Navapur 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 424806202 of Hasti Co Op Bank, Navapur branch makes the system almost error free and faster. Use of Hasti Co Op Bank MICR codes for Navapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Hasti Co-operative Bank Ltd. are available with micr code -

>>Navapur

MICR code for Hasti Bank Navapur

Hasti Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Hasti Co Op Bank MICR code for Navapur 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. 424806202 is the MICR code of Hasti Bank for Navapur branch. MICR code for Navapur 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 Hasti Co Op Bank Navapur is presented in the table alongside.

Use of Hasti Co Op Bank MICR code for Navapur branch in navapur

The MICR code 424806202 is used in RBI cheque clearing process to identify the branch Navapur and Hasti Co Op 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 Hasti Bank is typically in either of these two font’s: E-138 and CMC-7.

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