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Cosmos Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Cosmos Bank Hyderabad Hyderabad Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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	Habsiguda Extn.
Contact
Bank Details	Cosmos Co-Op Bank Ltd Habsiguda Extn. COSB0000915

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500007
Country	IN
Address	2-27/3 street no 3 kakatiyanagar habsiguda hyderabad 500007

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 0 for Habsiguda Extn. 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 0 of Cosmos Cooperative Bank, Habsiguda Extn. branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for Habsiguda Extn. 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 -

>>Habsiguda Extn.

MICR code for Cosmos Bank Habsiguda Extn.

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 Habsiguda Extn. 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. 0 is the MICR code of Cosmos Bank for Habsiguda Extn. branch. MICR code for Habsiguda Extn. 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 Habsiguda Extn. is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for Habsiguda Extn. branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Habsiguda Extn. 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.