Almora Urban Bank Dehradun Shyampur Uttrakhand MICR CODE

Find MICR Codes for Almora Urban Bank Dehradun Shyampur Uttrakhand

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MICR Code
Bank Almora Urban Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shymapur Rishikesh
Contact 135-2452488
Bank Details Almora Urban Co-Operative Bank Ltd Shymapur Rishikesh AUCB0000020
Location Dehradun, Shyampur
City Dehradun
District Shyampur
State Uttrakhand
Pincode 249408
Country IN
Address By-pass near police chowki , shyampur
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 Shymapur Rishikesh 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 Almora Urban Co Op Bank, Shymapur Rishikesh branch makes the system almost error free and faster. Use of Almora Urban Co Op Bank MICR codes for Shymapur Rishikesh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Almora Urban Co-Operative Bank Ltd are available with micr code -

>>Shymapur Rishikesh

MICR code for Almora Urban Bank Shymapur Rishikesh

Almora Urban Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Almora Urban Co Op Bank MICR code for Shymapur Rishikesh 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 Almora Bank for Shymapur Rishikesh branch. MICR code for Shymapur Rishikesh 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 Almora Urban Co Op Bank Shymapur Rishikesh is presented in the table alongside.

Use of Almora Urban Co Op Bank MICR code for Shymapur Rishikesh branch in dehradun

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

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