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Thane Bharat Sahakari Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Thane Bharat Sahakari Bank Thane Thane Maharashtra

MICR Code
Bank Thane Bharat Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chendani Koliwada
Contact 022-25442361
Bank Details Thane Bharat Sahakari Bank Ltd Chendani Koliwada TBSB0000006
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400601
Country IN
Address Kashiratna bhuvan,datta mandir road, nr cidco bus stop, thane-w pin - 400601
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 400525006 for Chendani Koliwada 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 400525006 of Bharat Sahakari Bank, Chendani Koliwada branch makes the system almost error free and faster. Use of Bharat Sahakari Bank MICR codes for Chendani Koliwada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Thane Bharat Sahakari Bank Ltd are available with micr code -

>>Back Office >>Balkum >>Chandanwadi >>Chendani Koliwada >>Ghodbunder Road >>Kalwa >>Lokmanya Nagar >>Main Branch >>Pokhran >>Rtgs Ho >>Rutupark >>Shivai Nagar >>Shreenagar >>Thane East

MICR code for Thane Bharat Sahakari Bank Chendani Koliwada

Thane Bharat Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bharat Sahakari Bank MICR code for Chendani Koliwada 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. 400525006 is the MICR code of Thane Bharat Sahakari Bank for Chendani Koliwada branch. MICR code for Chendani Koliwada 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 Bharat Sahakari Bank Chendani Koliwada is presented in the table alongside.

Use of Bharat Sahakari Bank MICR code for Chendani Koliwada branch in thane

The MICR code 400525006 is used in RBI cheque clearing process to identify the branch Chendani Koliwada and Bharat Sahakari 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 Bharat Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.