Deogiri Bank Jalna Jalna Maharashtra MICR CODE

Find MICR Codes for Deogiri Bank Jalna Jalna Maharashtra

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MICR Code
Bank Deogiri Nagari Sahakari Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambad Chaufuli
Contact 2482-2234121
Bank Details Deogiri Nagari Sahakari Bank Ltd. Ambad Chaufuli DEOB0000035
Location Jalna, Jalna
City Jalna
District Jalna
State Maharashtra
Pincode 431203
Country IN
Address Plot no. 3, survey no. 478/2, kalbande complex, ambad road, jalna
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 Ambad Chaufuli 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 Deogiri Sahakari Bank, Ambad Chaufuli branch makes the system almost error free and faster. Use of Deogiri Sahakari Bank MICR codes for Ambad Chaufuli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Deogiri Nagari Sahakari Bank Ltd. are available with micr code -

>>Ambad Chaufuli >>Jalna

MICR code for Deogiri Bank Ambad Chaufuli

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

Use of Deogiri Sahakari Bank MICR code for Ambad Chaufuli branch in jalna

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ambad Chaufuli and Deogiri Sahakari 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 Deogiri Bank is typically in either of these two font’s: E-138 and CMC-7.

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