Cosmos Bank Ankleshwar Bharuch Gujarat MICR CODE

Find MICR Codes for Cosmos Bank Ankleshwar Bharuch Gujarat

Bank
State
District
City
Branch
Address

MICR Code	393164051
Bank	Cosmos Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ankleshwar Branch
Contact	Mr. V.P. Shankarwala, Manager, Ph.No.02646-652106
Bank Details	Cosmos Co-Op Bank Ltd Ankleshwar Branch COSB0000071

Location	Ankleshwar, Bharuch
City	Ankleshwar
District	Bharuch
State	Gujarat
Pincode	393001
Country	IN
Address	F17, 1st floor ravi kiran complex, behind ashirwad restaurant,near gidc bus stop, ankleshwar 393001

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 393164051 for Ankleshwar 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 393164051 of Cosmos Cooperative Bank, Ankleshwar Branch branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for Ankleshwar Branch branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Ankleshwar Branch

MICR code for Cosmos Bank Ankleshwar Branch

Cosmos Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Cosmos Cooperative Bank MICR code for Ankleshwar 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. 393164051 is the MICR code of Cosmos Bank for Ankleshwar Branch branch. MICR code for Ankleshwar 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 Cosmos Cooperative Bank Ankleshwar Branch is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for Ankleshwar Branch branch in ankleshwar

The MICR code 393164051 is used in RBI cheque clearing process to identify the branch Ankleshwar Branch and Cosmos Cooperative Bank 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 Cosmos Bank is typically in either of these two font’s: E-138 and CMC-7.

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