Thane District Bank Murbad Thane Maharashtra MICR CODE

Find MICR Codes for Thane District Bank Murbad Thane Maharashtra

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MICR Code
Bank Thane District Central Co-operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tokawade
Contact 02524-2420580
Bank Details Thane District Central Co-operative Bank Ltd Tokawade TDCB0000077
Location Murbad, Thane
City Murbad
District Thane
State Maharashtra
Pincode 421402
Country IN
Address At & post-tokawade,taluka-murbad, dist.thane. Pin-421 402.
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 0 for Tokawade 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, Tokawade branch makes the system almost error free and faster. Use of Thane District Central Bank MICR codes for Tokawade branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Thane District Central Co-operative Bank Ltd are available with micr code -

>>Dhasai >>Murbad >>Narivali Ext. Count. >>Tokawade

MICR code for Thane District Bank Tokawade

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 Tokawade 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 Tokawade branch. MICR code for Tokawade 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 Tokawade is presented in the table alongside.

Use of Thane District Central Bank MICR code for Tokawade branch in murbad

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