Akhand Anand Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Akhand Anand Bank Surat Surat Gujarat

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MICR Code
Bank Akhand Anand Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sayan Road Branch
Contact 91-9033517316
Bank Details Akhand Anand Co-Operative Bank Ltd Sayan Road Branch AANB0000011
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 394130
Country IN
Address Shop no.1, ground floor,kaka complex, delad patiya, sayan road,surat-394130
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 Sayan Road Branch 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 Akhand Anand Bank, Sayan Road Branch branch makes the system almost error free and faster. Use of Akhand Anand Bank MICR codes for Sayan Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Akhand Anand Bank Sayan Road Branch

Akhand Anand Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Akhand Anand Bank MICR code for Sayan Road Branch 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 Akhand Anand Bank for Sayan Road Branch branch. MICR code for Sayan Road Branch 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 Akhand Anand Bank Sayan Road Branch is presented in the table alongside.

Use of Akhand Anand Bank MICR code for Sayan Road Branch branch in surat

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

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