Bassein Catholic Bank Papdi Thane Maharashtra MICR CODE

Find MICR Codes for Bassein Catholic Bank Papdi Thane Maharashtra

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MICR Code
Bank Bassein Catholic Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Papdy
Contact
Bank Details Bassein Catholic Co-Op Bank Ltd Papdy BACB0000003
Location Papdi, Thane
City Papdi
District Thane
State Maharashtra
Pincode 401207
Country IN
Address Sarovar, 'b' building, papdy, post : papdy, tal:vasai, dist : thane, 401 207
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.

Search Bassein Catholic Bank MICR Codes in thane

You can search through MICR Codes of Maharashtra branches in papdi of District thane in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bassein Catholic Co-Op Bank Ltd are available with micr code -

>>Papdy

How to find MICR codes for Bassein Catholic Bank in papdi?

Bassein Catholic Bank papdi MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Bassein Catholic Co-Op Bank MICR codes list for papdi, one can further search by branch name specified in the table. You can find MICR codes for all Bassein Catholic Bank papdi branches.

Bassein Catholic Co-Op Bank MICR code in papdi

Bassein Catholic Bank MICR code is a character recognition technology used by banks in the processing of cheques. Bassein Catholic Co-Op Bank MICR code for papdi branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bassein Catholic Co-Operative Bank branches in papdi, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bassein Catholic Co-Operative Bank MICR code for papdi branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bassein Catholic Bank papdi branch, sprinted 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. Thus MICR code for Bassein Catholic Co-Op Bank papdi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bassein Catholic Co-Operative Bank MICR codes for papdi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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