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The Ahmednagar Merchant Cooperative Bank Ahmednagar Ahmedangar Maharashtra MICR CODE

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

MICR Code
Bank The Ahmednagar Merchant Cooperative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rtgsho
Contact
Bank Details The Ahmednagar Merchant Cooperative Bank Rtgsho AMDN0000001
Location Ahmednagar, Ahmedangar
City Ahmednagar
District Ahmedangar
State Maharashtra
Pincode 414001
Country IN
Address Plot no 33,market yard,station road,ahmednagar -414001
MICR Code
Bank The Ahmednagar Merchant Cooperative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dalmandai
Contact
Bank Details The Ahmednagar Merchant Cooperative Bank Dalmandai AMDN0000101
Location Ahmednagar, Ahmedangar
City Ahmednagar
District Ahmedangar
State Maharashtra
Pincode 414001
Country IN
Address Anand complex,dalmandai branch,ahmednagar-414001
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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 ahmedangar

You can search through MICR Codes of Maharashtra branches in ahmednagar of District ahmedangar 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-

>>Ahmednagar

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

The Ahmednagar Merchant Cooperative Bank ahmednagar 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 ahmednagar, one can further search by branch name specified in the table. You can find MICR codes for all The Ahmednagar Merchant Cooperative Bank ahmednagar branches.

Ahmednagar Merchant Cooperative Bank MICR code in ahmednagar

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 ahmednagar 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 ahmednagar, 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 ahmednagar 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 ahmednagar 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 ahmednagar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Ahmednagar Merchant Co Op Bank MICR codes for ahmednagar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!