Ambarnath Jaihind Coop Bank Limited Badlapur Thane Maharashtra MICR CODE

Find MICR Codes for Ambarnath Jaihind Coop Bank Limited Badlapur Thane Maharashtra

MICR Code
Bank Ambarnath Jaihind Coop Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Katrap Badlapur Branch
Contact 2693335
Bank Details Ambarnath Jaihind Coop Bank Ltd Katrap Badlapur Branch AJHC0001013
Location Badlapur, Thane
City Badlapur
District Thane
State Maharashtra
Pincode 421503
Country IN
Address Panvelkar optima,shop no.7,8,9,gr.floor,katrap
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 400805013 for Katrap Badlapur 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 400805013 of Ambarnath Jaihind Coop Bank Limited, Katrap Badlapur Branch branch makes the system almost error free and faster. Use of Ambarnath Jaihind Coop Bank Limited MICR codes for Katrap Badlapur Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Ambarnath Jaihind Coop Bank Ltd are available with micr code -

>>Katrap Badlapur Branch >>Kulgaon Badlapur

MICR code for Ambarnath Jaihind Coop Bank Limited Katrap Badlapur Branch

Ambarnath Jaihind Coop Bank Limited MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ambarnath Jaihind Coop Bank Limited MICR code for Katrap Badlapur 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. 400805013 is the MICR code of Ambarnath Jaihind Coop Bank Limited for Katrap Badlapur Branch branch. MICR code for Katrap Badlapur 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 Ambarnath Jaihind Coop Bank Limited Katrap Badlapur Branch is presented in the table alongside.

Use of Ambarnath Jaihind Coop Bank Limited MICR code for Katrap Badlapur Branch branch in badlapur

The MICR code 400805013 is used in RBI cheque clearing process to identify the branch Katrap Badlapur Branch and Ambarnath Jaihind Coop Bank Limited 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 Ambarnath Jaihind Coop Bank Limited is typically in either of these two font’s: E-138 and CMC-7.

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