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AP Mahesh Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for AP Mahesh Bank Vijayawada Krishna 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 Vijayawada
Contact 0866-2574654
Bank Details The A.P. Mahesh Co-Op Urban Bank Ltd Vijayawada APMC0000901
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520002
Country IN
Address 27-37-147 to 152, n s r towers, 1st floor, near manorama hotel, bandar road, vijayawada 520 002.
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 500142901 for Vijayawada 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 500142901 of AP Mahesh Co Op Bank, Vijayawada branch makes the system almost error free and faster. Use of AP Mahesh Co Op Bank MICR codes for Vijayawada 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 -

>>Vijayawada

MICR code for AP Mahesh Bank Vijayawada

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 Vijayawada 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. 500142901 is the MICR code of AP Mahesh Co Op Urban Bank for Vijayawada branch. MICR code for Vijayawada 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 Vijayawada is presented in the table alongside.

Use of AP Mahesh Co Op Bank MICR code for Vijayawada branch in vijayawada

The MICR code 500142901 is used in RBI cheque clearing process to identify the branch Vijayawada 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.