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Abhyudaya Bank Udupi Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Abhyudaya Bank Udupi Dakshina Kannada Karnataka

Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Padubidri
Contact 0820-2556177
Bank Details Abhyudaya Co-Op Bank Ltd Padubidri ABHY0065305
Location Udupi, Dakshina Kannada
City Udupi
District Dakshina Kannada
State Karnataka
Pincode 574111
Country IN
Address Sanathana towers, n.h.17, padubidri, nadsal, 574 111
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 0 for Padubidri 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 0 of Abhyudaya Co-Op Bank, Padubidri branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for Padubidri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -


MICR code for Abhyudaya Bank Padubidri

Abhyudaya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Abhyudaya Co-Op Bank MICR code for Padubidri 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. 0 is the MICR code of Abhyudaya Co-Operative Bank for Padubidri branch. MICR code for Padubidri 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 Abhyudaya Co-Op Bank Padubidri is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for Padubidri branch in udupi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Padubidri and Abhyudaya 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 Abhyudaya Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.