MICR Code Bank
Find MICR code for Thane District Bank Lodha Heaven branches in India for NEFT and RTGS transfer

Thane District Bank Lodha Heaven MICR CODE

Find MICR Codes for Thane District Bank Lodha Heaven

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  1. Thane District Central Co-operative Bank Ltd »
  2. Maharashtra »
  3. thane »
  4. thane »
  5. lodha heaven (shilphata)

Find MICR Codes for Thane District Bank Lodha Heaven

MICR Code: 400524053
Bank: Thane District Central Co-operative Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Lodha Heaven (Shilphata)
Contact: Shivaji Patil 9224182032
Bank Details: Thane District Central Co-operative Bank Ltd Lodha Heaven (Shilphata) TDCB0000085
Location: Thane, Thane
City: Thane
District: Thane
State: Maharashtra
Pincode: 421204
Country: IN
Address: Mukta residensy, b-2, 1st floor, near khidkaleshwar mandir,kalyan – shilfata,taluka-thane

How does MICR code for lodha heaven 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 of Thane District Central Bank, lodha heaven branch makes the system almost error free and faster. Use of Thane District Central Bank MICR codes for lodha heaven branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Thane District Bank lodha heaven

Thane District Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Thane District Central Bank MICR code for lodha heaven 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. is the MICR code of Thane District Central Co-Op Bank for lodha heaven branch. MICR code for lodha heaven 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 Thane District Central Bank lodha heaven is presented in the table alongside.

Use of Thane District Central Bank MICR code for lodha heaven branch in thane

The MICR code is used in RBI cheque clearing process to identify the branch lodha heaven and Thane District Central 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 Thane District Central Co-Op Bank is typically in either of these two font’s: E-138 and CMC-7.