Zila Sahkari Bank Thane Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for Zila Sahkari Bank Thane Navi Mumbai Maharashtra

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MICR Code
Bank Zila Sahkari Bank Ltd. Ghaziabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Old Panvel
Contact 18002000
Bank Details Zila Sahkari Bank Ltd. Ghaziabad Old Panvel YESB0000923
Location Thane, Navi Mumbai
City Thane
District Navi Mumbai
State Maharashtra
Pincode 410206
Country IN
Address Shop no.2,3,4,5 and 6,ground floor,sai sneh chs ltd,plot no.230.1,behind mtnl building,old panvel,raigad,maharashtra.pin 410 206
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 400532072 for Old Panvel 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 400532072 of Zila Sahkari Bank Ltd, Old Panvel branch makes the system almost error free and faster. Use of Zila Sahkari Bank Ltd MICR codes for Old Panvel 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 -

>>Old Panvel

MICR code for Zila Sahkari Bank Old Panvel

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 Old Panvel 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. 400532072 is the MICR code of Zila Sahkari Bank Ltd. Ghaziabad for Old Panvel branch. MICR code for Old Panvel 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 Old Panvel is presented in the table alongside.

Use of Zila Sahkari Bank Ltd MICR code for Old Panvel branch in thane

The MICR code 400532072 is used in RBI cheque clearing process to identify the branch Old Panvel 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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