Sindhudurga Bank Sindhudurg Ambrad Maharashtra MICR CODE

Find MICR Codes for Sindhudurga Bank Sindhudurg Ambrad Maharashtra

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MICR Code
Bank The Sindhudurga District Central COOP Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambrad
Contact 235016
Bank Details The Sindhudurga District Central COOP Bank Ltd Ambrad SIDC0001048
Location Sindhudurg, Ambrad
City Sindhudurg
District Ambrad
State Maharashtra
Pincode
Country IN
Address At and post ambrad tal kudal
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 416801558 for Ambrad 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 416801558 of Sindhudurga COOP Bank, Ambrad branch makes the system almost error free and faster. Use of Sindhudurga COOP Bank MICR codes for Ambrad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Sindhudurga District Central COOP Bank Ltd are available with micr code -

>>Ambrad

MICR code for Sindhudurga Bank Ambrad

Sindhudurga Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sindhudurga COOP Bank MICR code for Ambrad 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. 416801558 is the MICR code of Sindhudurga Central COOP Bank for Ambrad branch. MICR code for Ambrad 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 Sindhudurga COOP Bank Ambrad is presented in the table alongside.

Use of Sindhudurga COOP Bank MICR code for Ambrad branch in sindhudurg

The MICR code 416801558 is used in RBI cheque clearing process to identify the branch Ambrad and Sindhudurga COOP 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 Sindhudurga Central COOP Bank is typically in either of these two font’s: E-138 and CMC-7.

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