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Find MICR code for Ahmednagar District Central Co-Op Bank branches in India for NEFT and RTGS transfer

Ahmednagar District Central Co-Op Bank MICR CODE

Find MICR Codes for Ahmednagar District Central Co-Op Bank

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  1. Ahmednagar District Central Co-op Bank »
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  4. malunje bdk »
  5. malunje bdk

Find MICR Codes for Ahmednagar District Central Co-Op Bank

MICR Code: -NA-
Bank: Ahmednagar District Central Co-op Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Malunje Bdk
Contact: 2422-242426
Bank Details: Ahmednagar District Central Co-op Bank Malunje Bdk AHDC0000249
Location: Malunje Bdk, Ahmednagar
City: Malunje Bdk
District: Ahmednagar
State: Maharashtra
Pincode: 413721
Country: IN
Address: Post malunje bdk tal shrirampur 413721

How does MICR code for 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 of Ahmednagar District Central Co-Operative Bank Ltd, branch makes the system almost error free and faster. Use of Ahmednagar District Central Co-Operative Bank Ltd MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Ahmednagar District Central Co-op Bank are available with micr code

>>Malunje Bdk

MICR code for Ahmednagar District Central Co-Op Bank

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

Use of Ahmednagar District Central Co-Operative Bank Ltd MICR code for branch in malunje bdk

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