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Meghalaya Apex Bank East Khasi Hills Shillong Meghalaya MICR CODE

Find MICR Codes for Meghalaya Apex Bank East Khasi Hills Shillong Meghalaya

MICR Code
Bank The Meghalaya Co-Operative Apex Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shillong
Contact 0
Bank Details The Meghalaya Co-Operative Apex Bank Ltd Shillong MCAB0000002
Location East Khasi Hills, Shillong
City East Khasi Hills
District Shillong
State Meghalaya
Pincode
Country IN
Address M.g.road, shillong, east khasi hills, dist.
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 Shillong 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 Meghalaya Co-Op Apex Bank, Shillong branch makes the system almost error free and faster. Use of Meghalaya Co-Op Apex Bank MICR codes for Shillong branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of The Meghalaya Co-Operative Apex Bank Ltd are available with micr code -

>>Bishnupur >>Demthring >>Laitumkhrah >>Mawiong >>Mawkhar >>Mawlai >>Nongmensong >>Nongthymmai >>Rtgsho >>Rynjah >>Secretariat >>Service Center >>Shillong

MICR code for Meghalaya Apex Bank Shillong

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

Use of Meghalaya Co-Op Apex Bank MICR code for Shillong branch in east khasi hills

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