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Hasti Bank Taloda Taloda Maharashtra MICR CODE

Find MICR Codes for Hasti Bank Taloda Taloda Maharashtra

MICR Code
Bank The Hasti Co-operative Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Taloda
Contact 233002
Bank Details The Hasti Co-operative Bank Ltd. Taloda HCBL0000117
Location Taloda, Taloda
City Taloda
District Taloda
State Maharashtra
Pincode 425413
Country IN
Address Main road taloda dist nandurbar mh pin 425413
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 Taloda 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 Hasti Co Op Bank, Taloda branch makes the system almost error free and faster. Use of Hasti Co Op Bank MICR codes for Taloda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Hasti Co-operative Bank Ltd. are available with micr code -

>>Taloda

MICR code for Hasti Bank Taloda

Hasti Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Hasti Co Op Bank MICR code for Taloda 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 Hasti Bank for Taloda branch. MICR code for Taloda 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 Hasti Co Op Bank Taloda is presented in the table alongside.

Use of Hasti Co Op Bank MICR code for Taloda branch in taloda

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