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Arvind Bank Nagpur Digdoh Maharashtra MICR CODE

Find MICR Codes for Arvind Bank Nagpur Digdoh Maharashtra

MICR Code
Bank Arvind Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Digdoh
Contact 7104-235830
Bank Details Arvind Sahakari Bank Ltd Digdoh ARBL0000003
Location Nagpur, Digdoh
City Nagpur
District Digdoh
State Maharashtra
Pincode
Country IN
Address House no.512, radke layout, digdoh, tah-hingna, dist-nagpur
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 440823003 for Digdoh 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 440823003 of Arvind Sahakari Bank Ltd, Digdoh branch makes the system almost error free and faster. Use of Arvind Sahakari Bank Ltd MICR codes for Digdoh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Arvind Sahakari Bank Ltd are available with micr code -

>>Digdoh

MICR code for Arvind Bank Digdoh

Arvind Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Arvind Sahakari Bank Ltd MICR code for Digdoh 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. 440823003 is the MICR code of Arvind Bank for Digdoh branch. MICR code for Digdoh 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 Arvind Sahakari Bank Ltd Digdoh is presented in the table alongside.

Use of Arvind Sahakari Bank Ltd MICR code for Digdoh branch in nagpur

The MICR code 440823003 is used in RBI cheque clearing process to identify the branch Digdoh and Arvind Sahakari Bank Ltd 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 Arvind Bank is typically in either of these two font’s: E-138 and CMC-7.