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The Ahmednagar Merchant Cooperative Bank Ahmedangar Sonai Maharashtra MICR CODE

Find MICR Codes for The Ahmednagar Merchant Cooperative Bank Ahmedangar Sonai Maharashtra

MICR Code
Bank The Ahmednagar Merchant Cooperative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sonai
Contact
Bank Details The Ahmednagar Merchant Cooperative Bank Sonai AMDN0000114
Location Ahmedangar, Sonai
City Ahmedangar
District Sonai
State Maharashtra
Pincode 414105
Country IN
Address Cts no.1297, main road, sonai peth, at post sonai, tal.newasa, dist.ahmednagar -414105
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.

Search The Ahmednagar Merchant Cooperative Bank MICR Codes in sonai

You can search through MICR Codes of Maharashtra branches in ahmedangar of District sonai in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

The Ahmednagar Merchant Cooperative Bank branches with micr codes are available in 1 cities-

>>Ahmedangar

How to find MICR codes for The Ahmednagar Merchant Cooperative Bank in ahmedangar?

The Ahmednagar Merchant Cooperative Bank ahmedangar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Ahmednagar Merchant Cooperative Bank MICR codes list for ahmedangar, one can further search by branch name specified in the table. You can find MICR codes for all The Ahmednagar Merchant Cooperative Bank ahmedangar branches.

Ahmednagar Merchant Cooperative Bank MICR code in ahmedangar

The Ahmednagar Merchant Cooperative Bank MICR code is a character recognition technology used by banks in the processing of cheques. Ahmednagar Merchant Cooperative Bank MICR code for ahmedangar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Ahmednagar Merchant Co Op Bank branches in ahmedangar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Ahmednagar Merchant Co Op Bank MICR code for ahmedangar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a The Ahmednagar Merchant Cooperative Bank ahmedangar branch, sprinted 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. Thus MICR code for Ahmednagar Merchant Cooperative Bank ahmedangar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Ahmednagar Merchant Co Op Bank MICR codes for ahmedangar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!