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Abhyudaya Bank Panvel Raigad Maharashtra MICR CODE

Find MICR Codes for Abhyudaya Bank Panvel Raigad Maharashtra

MICR Code
Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kamothe
Contact 65298847
Bank Details Abhyudaya Co-Op Bank Ltd Kamothe ABHY0065045
Location Panvel, Raigad
City Panvel
District Raigad
State Maharashtra
Pincode 410206
Country IN
Address Dharti complex, shop no.7,8,9310 & 11, plot no. 60/61, sector 18, kamothe ii, panvel-
MICR Code
Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Old Panvel
Contact 27459656/657
Bank Details Abhyudaya Co-Op Bank Ltd Old Panvel ABHY0065050
Location Panvel, Raigad
City Panvel
District Raigad
State Maharashtra
Pincode 410206
Country IN
Address Shop no 1 & 2, kanak vithal, plot no.25, old panvel, dist raigad 410 206
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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.

Search Abhyudaya Bank MICR Codes in raigad

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

A total of 4 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>Kamothe >>Khanda Colony (Panvel Br) >>Old Panvel >>Ulwe

How to find MICR codes for Abhyudaya Bank in panvel?

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

Abhyudaya Co-Op Bank MICR code in panvel

Abhyudaya Bank MICR code is a character recognition technology used by banks in the processing of cheques. Abhyudaya Co-Op Bank MICR code for panvel 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 Abhyudaya Co-Operative Bank branches in panvel, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Abhyudaya Co-Operative Bank MICR code for panvel 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 Abhyudaya Bank panvel 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 Abhyudaya Co-Op Bank panvel branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Abhyudaya Co-Operative Bank MICR codes for panvel branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!