Zila Sahkari Bank Raigad Mahad Maharashtra MICR CODE

Find MICR Codes for Zila Sahkari Bank Raigad Mahad Maharashtra

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MICR Code	402532001
Bank	Zila Sahkari Bank Ltd. Ghaziabad
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mahad Raigad
Contact	18002000
Bank Details	Zila Sahkari Bank Ltd. Ghaziabad Mahad Raigad YESB0000902

Location	Raigad, Mahad
City	Raigad
District	Mahad
State	Maharashtra
Pincode	402301
Country	IN
Address	Shop no.1,2,gr flr,wing a,survey no.166/b,cts no.2418,tambad bhavan,mahad,raigad,mh,402301

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 402532001 for Mahad Raigad 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 402532001 of Zila Sahkari Bank Ltd, Mahad Raigad branch makes the system almost error free and faster. Use of Zila Sahkari Bank Ltd MICR codes for Mahad Raigad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Zila Sahkari Bank Ltd. Ghaziabad are available with micr code -

>>Mahad Raigad

MICR code for Zila Sahkari Bank Mahad Raigad

Zila Sahkari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Zila Sahkari Bank Ltd MICR code for Mahad Raigad 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. 402532001 is the MICR code of Zila Sahkari Bank Ltd. Ghaziabad for Mahad Raigad branch. MICR code for Mahad Raigad 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 Zila Sahkari Bank Ltd Mahad Raigad is presented in the table alongside.

Use of Zila Sahkari Bank Ltd MICR code for Mahad Raigad branch in raigad

The MICR code 402532001 is used in RBI cheque clearing process to identify the branch Mahad Raigad and Zila Sahkari Bank Ltd 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 Zila Sahkari Bank Ltd. Ghaziabad is typically in either of these two font’s: E-138 and CMC-7.

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