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.

Search Meghalaya Apex Bank MICR Codes in baghmara

You can search through MICR Codes of Meghalaya branches in south garo hills of District baghmara in Meghalaya State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Baghmara

How to find MICR codes for Meghalaya Apex Bank in south garo hills?

Meghalaya Apex Bank south garo hills MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Meghalaya Co-Op Apex Bank MICR codes list for south garo hills, one can further search by branch name specified in the table. You can find MICR codes for all Meghalaya Apex Bank south garo hills branches.

Meghalaya Co-Op Apex Bank MICR code in south garo hills

Meghalaya Apex Bank MICR code is a character recognition technology used by banks in the processing of cheques. Meghalaya Co-Op Apex Bank MICR code for south garo hills branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Meghalaya Apex Bank branches in south garo hills, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Meghalaya Apex Bank MICR code for south garo hills branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Meghalaya Apex Bank south garo hills branch, sprinted 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. Thus MICR code for Meghalaya Co-Op Apex Bank south garo hills branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Meghalaya Apex Bank MICR codes for south garo hills branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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