Apna Sahakari Bank Bhiwandi Thane Maharashtra MICR CODE

Find MICR Codes for Apna Sahakari Bank Bhiwandi Thane Maharashtra

MICR Code: 400098029
Bank: Apna Sahakari Bank Ltd
Branch: Bhiwandi
City: Bhiwandi
District: Thane
State: Maharashtra
Contact: 02522 254411/254412
Address: 223, Durga Krupa, Teli Pada, Agra Road, Dhamankar Naka, Bhiwandi, Dist-Thane 421302

Search Apna Sahakari Bank MICR Codes in thane

You can search through MICR Codes of Maharashtra branches in bhiwandi of District thane in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

Apna Sahakari Bank Ltd branches with micr codes are available in 9 cities-

>>Ambernath >>Badlapur >>Bhayander >>Bhiwandi >>Dombivli >>Kalyan >>Thane >>Ulhasnager >>Vasai

How to find MICR codes for Apna Sahakari Bank in bhiwandi?

Apna Sahakari Bank bhiwandi MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Apna Sahakari Bank MICR codes list for bhiwandi, one can further search by branch name specified in the table. You can find MICR codes for all Apna Sahakari Bank bhiwandi branches.

Apna Sahakari Bank MICR code in bhiwandi

Apna Sahakari Bank MICR code is a character recognition technology used by banks in the processing of cheques. Apna Sahakari Bank MICR code for bhiwandi branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Apna Bank branches in bhiwandi, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Apna Bank MICR code for bhiwandi branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Apna Sahakari Bank bhiwandi branch, sprinted 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. Thus MICR code for Apna Sahakari Bank bhiwandi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Apna Bank MICR codes for bhiwandi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!