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The Ajara Urban Co Op Bank Ltd Ajara Malavan Sindhudurg Maharashtra MICR CODE

Find MICR Codes for The Ajara Urban Co Op Bank Ltd Ajara Malavan Sindhudurg Maharashtra

MICR Code
Bank The Ajara Urban Co op Bank Ltd Ajara
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malavan
Contact
Bank Details The Ajara Urban Co op Bank Ltd Ajara Malavan AJAR0000019
Location Malavan, Sindhudurg
City Malavan
District Sindhudurg
State Maharashtra
Pincode
Country IN
Address Somwar peth,tal malvan
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 Ajara Urban Co Op Bank Ltd Ajara MICR Codes in sindhudurg

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

The Ajara Urban Co op Bank Ltd Ajara branches with micr codes are available in 1 cities-

>>Malavan

How to find MICR codes for The Ajara Urban Co Op Bank Ltd Ajara in malavan?

The Ajara Urban Co Op Bank Ltd Ajara malavan MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Ajara Bank MICR codes list for malavan, one can further search by branch name specified in the table. You can find MICR codes for all The Ajara Urban Co Op Bank Ltd Ajara malavan branches.

Ajara Bank MICR code in malavan

The Ajara Urban Co Op Bank Ltd Ajara MICR code is a character recognition technology used by banks in the processing of cheques. Ajara Bank MICR code for malavan 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 The Ajara Urban Co Op Bank Ltd Ajara branches in malavan, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does The Ajara Urban Co Op Bank Ltd Ajara MICR code for malavan 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 Ajara Urban Co Op Bank Ltd Ajara malavan 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 Ajara Bank malavan branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of The Ajara Urban Co Op Bank Ltd Ajara MICR codes for malavan branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!