AP Mahesh Bank Khammam Khammam Andhra Pradesh MICR CODE

Find MICR Codes for AP Mahesh Bank Khammam Khammam Andhra Pradesh

MICR Code
Bank The A.P. Mahesh Co-Op Urban Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khammam
Contact 08742-224714
Bank Details The A.P. Mahesh Co-Op Urban Bank Ltd Khammam APMC0000900
Location Khammam, Khammam
City Khammam
District Khammam
State Andhra Pradesh
Pincode 507003
Country IN
Address 2-2-49 to 52, 1st floor, gandhi chowk, khammam - 507003.
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 500142900 for Khammam 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 500142900 of AP Mahesh Co Op Bank, Khammam branch makes the system almost error free and faster. Use of AP Mahesh Co Op Bank MICR codes for Khammam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The A.P. Mahesh Co-Op Urban Bank Ltd are available with micr code -

>>Khammam

MICR code for AP Mahesh Bank Khammam

AP Mahesh Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. AP Mahesh Co Op Bank MICR code for Khammam 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. 500142900 is the MICR code of AP Mahesh Co Op Urban Bank for Khammam branch. MICR code for Khammam 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 AP Mahesh Co Op Bank Khammam is presented in the table alongside.

Use of AP Mahesh Co Op Bank MICR code for Khammam branch in khammam

The MICR code 500142900 is used in RBI cheque clearing process to identify the branch Khammam and AP Mahesh Co Op 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 AP Mahesh Co Op Urban Bank is typically in either of these two font’s: E-138 and CMC-7.

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