Hasti Bank Shahada Nandurbar Maharashtra MICR CODE

Find MICR Codes for Hasti Bank Shahada Nandurbar Maharashtra

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MICR Code	425868001
Bank	The Hasti Co-operative Bank Ltd.
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shahada
Contact	8888891653
Bank Details	The Hasti Co-operative Bank Ltd. Shahada HCBL0000109

Location	Shahada, Nandurbar
City	Shahada
District	Nandurbar
State	Maharashtra
Pincode	425409
Country	IN
Address	Bohari market, near bus stand, tal.shahada dist nandurbar pin 425409

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 425868001 for Shahada 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 425868001 of Hasti Co Op Bank, Shahada branch makes the system almost error free and faster. Use of Hasti Co Op Bank MICR codes for Shahada 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 -

>>Shahada

MICR code for Hasti Bank Shahada

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 Shahada 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. 425868001 is the MICR code of Hasti Bank for Shahada branch. MICR code for Shahada 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 Shahada is presented in the table alongside.

Use of Hasti Co Op Bank MICR code for Shahada branch in shahada

The MICR code 425868001 is used in RBI cheque clearing process to identify the branch Shahada 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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