MICR Code Bank
Find MICR code for The Ahmednagar Merchant Cooperative Bank branches in India for NEFT and RTGS transfer

The Ahmednagar Merchant Cooperative Bank MICR CODE

Find MICR Codes for The Ahmednagar Merchant Cooperative Bank

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  1. The Ahmednagar Merchant Cooperative Bank »
  2. Maharashtra »
  3. pathardi »
  4. ahmednagar »
  5. pathardi

Find MICR Codes for The Ahmednagar Merchant Cooperative Bank

MICR Code: -NA-
Bank: The Ahmednagar Merchant Cooperative Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Pathardi
Contact:
Bank Details: The Ahmednagar Merchant Cooperative Bank Pathardi AMDN0000113
Location: Ahmednagar, Pathardi
City: Ahmednagar
District: Pathardi
State: Maharashtra
Pincode: 414102
Country: IN
Address: Main road,a/p tal.pathardi,dist.ahmednagar - 414102

How does MICR code for 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 of Ahmednagar Merchant Cooperative Bank, branch makes the system almost error free and faster. Use of Ahmednagar Merchant Cooperative Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Ahmednagar Merchant Cooperative Bank are available with micr code

>>Pathardi

MICR code for The Ahmednagar Merchant Cooperative Bank

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

Use of Ahmednagar Merchant Cooperative Bank MICR code for branch in ahmednagar

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