Sindhudurga Bank Sindhudurg Kinjawade Maharashtra MICR CODE

Find MICR Codes for Sindhudurga Bank Sindhudurg Kinjawade 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 Kinjawade
Contact 227015
Bank Details The Sindhudurga District Central COOP Bank Ltd Kinjawade SIDC0001076
Location Sindhudurg, Kinjawade
City Sindhudurg
District Kinjawade
State Maharashtra
Pincode 416611
Country IN
Address Tandpostkinjvdetldeogd
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 416801512 for Kinjawade 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 416801512 of Sindhudurga COOP Bank, Kinjawade branch makes the system almost error free and faster. Use of Sindhudurga COOP Bank MICR codes for Kinjawade 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 -

>>Kinjawade

MICR code for Sindhudurga Bank Kinjawade

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 Kinjawade 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. 416801512 is the MICR code of Sindhudurga Central COOP Bank for Kinjawade branch. MICR code for Kinjawade 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 Kinjawade is presented in the table alongside.

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

The MICR code 416801512 is used in RBI cheque clearing process to identify the branch Kinjawade 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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