Thane District Bank Shahapur Thane Maharashtra MICR CODE

Find MICR Codes for Thane District Bank Shahapur Thane Maharashtra

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MICR Code	-NA-
Bank	Thane District Central Co-operative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shenva
Contact	02527-230088
Bank Details	Thane District Central Co-operative Bank Ltd Shenva TDCB0000062

Location	Shahapur, Thane
City	Shahapur
District	Thane
State	Maharashtra
Pincode	421601
Country	IN
Address	Shenava naka, kinhavali shahapur road, at & post-shenva, taluka-shahapur, pin-421 601

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.

Thane District Central Co-operative Bank Ltd »
Maharashtra »
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Shahapur »
Shenva (0)

How does MICR code 0 for Shenva 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 Thane District Central Bank, Shenva branch makes the system almost error free and faster. Use of Thane District Central Bank MICR codes for Shenva branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Thane District Central Co-operative Bank Ltd are available with micr code -

>>Bhatsanagar >>Changyacha Pada >>Dolkhamb >>Shahapur >>Shenva

MICR code for Thane District Bank Shenva

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 Shenva 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 Thane District Central Co-Op Bank for Shenva branch. MICR code for Shenva 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 Shenva is presented in the table alongside.

Use of Thane District Central Bank MICR code for Shenva branch in shahapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shenva 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.

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