Adarsh Bank Medchalmalkajgiri Hyderabad Telangana MICR CODE

Find MICR Codes for Adarsh Bank Medchalmalkajgiri Hyderabad Telangana

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MICR Code
Bank Adarsh Co-operative Urban Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ho Accounts
Contact 40-42769988
Bank Details Adarsh Co-operative Urban Bank Ho Accounts ADBK0009999
Location Medchalmalkajgiri, Hyderabad
City Medchalmalkajgiri
District Hyderabad
State Telangana
Pincode 500055
Country IN
Address Second floor, common facility center, behind jeedimetla post office, tsiic colony, ida jeedimetla, hyderabad-500055
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 Ho Accounts 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 Adarsh Urban Bank, Ho Accounts branch makes the system almost error free and faster. Use of Adarsh Urban Bank MICR codes for Ho Accounts branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Adarsh Co-operative Urban Bank are available with micr code -

>>Dundigalgandimaisamma >>Ho Accounts

MICR code for Adarsh Bank Ho Accounts

Adarsh Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Adarsh Urban Bank MICR code for Ho Accounts 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 Adarsh Co-Operative Urban Bank for Ho Accounts branch. MICR code for Ho Accounts 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 Adarsh Urban Bank Ho Accounts is presented in the table alongside.

Use of Adarsh Urban Bank MICR code for Ho Accounts branch in medchalmalkajgiri

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

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