Ahmedabad Mercantile Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Ahmedabad Mercantile Bank Surat Surat Gujarat

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MICR Code
Bank Ahmedabad Mercantile Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pandesara Branch Surat
Contact 261-2898910
Bank Details Ahmedabad Mercantile Co-Op Bank Ltd Pandesara Branch Surat AMCB0660038
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 394221
Country IN
Address Shop no. 3, h-2, ground floor, avdhut darshan, behind daxeshwar mahadev temple, pandesara gidc area, surat-394221
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 Pandesara Branch Surat 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 Ahmedabad Mercantile Co-Op Bank, Pandesara Branch Surat branch makes the system almost error free and faster. Use of Ahmedabad Mercantile Co-Op Bank MICR codes for Pandesara Branch Surat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Ahmedabad Mercantile Co-Op Bank Ltd are available with micr code -

>>Pandesara Branch Surat >>Textile Market Ring Road

MICR code for Ahmedabad Mercantile Bank Pandesara Branch Surat

Ahmedabad Mercantile Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ahmedabad Mercantile Co-Op Bank MICR code for Pandesara Branch Surat 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 Ahmedabad Mercantile Bank for Pandesara Branch Surat branch. MICR code for Pandesara Branch Surat 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 Ahmedabad Mercantile Co-Op Bank Pandesara Branch Surat is presented in the table alongside.

Use of Ahmedabad Mercantile Co-Op Bank MICR code for Pandesara Branch Surat branch in surat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pandesara Branch Surat and Ahmedabad Mercantile 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 Ahmedabad Mercantile Bank is typically in either of these two font’s: E-138 and CMC-7.

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