MICR Code Bank
Find MICR code for Ambarnath Jaihind Coop Bank Limited branches in India for NEFT and RTGS transfer

Ambarnath Jaihind Coop Bank Limited MICR CODE

Find MICR Codes for Ambarnath Jaihind Coop Bank Limited

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  1. Ambarnath Jaihind Coop Bank Ltd »
  2. Maharashtra »
  3. thane »
  4. ambernath »
  5. wimco naka branch

Find MICR Codes for Ambarnath Jaihind Coop Bank Limited

MICR Code: 400805005
Bank: Ambarnath Jaihind Coop Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Wimco Naka Branch
Contact: 2683344
Bank Details: Ambarnath Jaihind Coop Bank Ltd Wimco Naka Branch AJHC0001005
Location: Ambernath, Thane
City: Ambernath
District: Thane
State: Maharashtra
Pincode:
Country: IN
Address: Plot no.1,jaihindbank bldg,opp.wimco naka ground

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 Ambarnath Jaihind Coop Bank Limited, branch makes the system almost error free and faster. Use of Ambarnath Jaihind Coop Bank Limited MICR codes for 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

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 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 Ambarnath Jaihind Coop Bank Limited 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 Ambarnath Jaihind Coop Bank Limited is presented in the table alongside.

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

The MICR code is used in RBI cheque clearing process to identify the 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.