MICR Code Bank
Find MICR code for Arvind Bank branches in India for NEFT and RTGS transfer

Arvind Bank MICR CODE

Find MICR Codes for Arvind Bank

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  1. Arvind Sahakari Bank Ltd »
  2. Maharashtra »
  3. digdoh »
  4. nagpur »
  5. digdoh

Find MICR Codes for Arvind Bank

MICR Code: 440823003
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

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 Arvind Sahakari Bank Ltd, branch makes the system almost error free and faster. Use of Arvind Sahakari Bank Ltd MICR codes for 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

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 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 Arvind Bank 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 Arvind Sahakari Bank Ltd is presented in the table alongside.

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

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