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Ambarnath Jaihind Coop Bank Limited Ambernath Thane Maharashtra MICR CODE

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

MICR Code
Bank Ambarnath Jaihind Coop Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navre Nagar Branch
Contact 2685377
Bank Details Ambarnath Jaihind Coop Bank Ltd Navre Nagar Branch AJHC0001008
Location Ambernath, Thane
City Ambernath
District Thane
State Maharashtra
Pincode 421501
Country IN
Address Classic arcade,1st floor
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 400805008 for Navre Nagar 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 400805008 of Ambarnath Jaihind Coop Bank Limited, Navre Nagar Branch branch makes the system almost error free and faster. Use of Ambarnath Jaihind Coop Bank Limited MICR codes for Navre Nagar Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Ambarnath Jaihind Coop Bank Ltd are available with micr code -

>>Ambarnath East Branch >>Kohojgaon Branch >>Navre Nagar Branch >>Wimco Naka Branch

MICR code for Ambarnath Jaihind Coop Bank Limited Navre Nagar 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 Navre Nagar 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. 400805008 is the MICR code of Ambarnath Jaihind Coop Bank Limited for Navre Nagar Branch branch. MICR code for Navre Nagar 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 Navre Nagar Branch is presented in the table alongside.

Use of Ambarnath Jaihind Coop Bank Limited MICR code for Navre Nagar Branch branch in ambernath

The MICR code 400805008 is used in RBI cheque clearing process to identify the branch Navre Nagar 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.