Meghalaya Apex Bank South Garo Hills Baghmara Meghalaya MICR CODE

Find MICR Codes for Meghalaya Apex Bank South Garo Hills Baghmara Meghalaya

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MICR Code
Bank The Meghalaya Co-Operative Apex Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baghmara
Contact 0
Bank Details The Meghalaya Co-Operative Apex Bank Ltd Baghmara MCAB0000008
Location South Garo Hills, Baghmara
City South Garo Hills
District Baghmara
State Meghalaya
Pincode
Country IN
Address Baghmara, south garo hills dist.
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 Baghmara 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 Meghalaya Co-Op Apex Bank, Baghmara branch makes the system almost error free and faster. Use of Meghalaya Co-Op Apex Bank MICR codes for Baghmara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Meghalaya Co-Operative Apex Bank Ltd are available with micr code -

>>Baghmara

MICR code for Meghalaya Apex Bank Baghmara

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

Use of Meghalaya Co-Op Apex Bank MICR code for Baghmara branch in south garo hills

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

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