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The Akola Urban Cooperative Bank Limited Akola Akola Maharashtra MICR CODE

Find MICR Codes for The Akola Urban Cooperative Bank Limited Akola Akola Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	The Akola Urban Cooperative Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Main Branch
Contact	724-2422297
Bank Details	The Akola Urban Cooperative Bank Limited Main Branch TAUB0001001

Location	Akola, Akola
City	Akola
District	Akola
State	Maharashtra
Pincode	444002
Country	IN
Address	Jankalyan old cotton market,akola -444002

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.

The Akola Urban Cooperative Bank Limited »
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Main Branch (0)

How does MICR code 0 for Main Branch 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 Akola Urban Bank Ltd, Main Branch branch makes the system almost error free and faster. Use of Akola Urban Bank Ltd MICR codes for Main Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of The Akola Urban Cooperative Bank Limited are available with micr code -

>>Adarsh Colony >>Bs Ext Count >>Civil Line >>Dabki Road >>Main Branch >>Ramdas Peth >>Rtgsho >>Tajnapeth

MICR code for The Akola Urban Cooperative Bank Limited Main Branch

The Akola Urban Cooperative Bank Limited MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Akola Urban Bank Ltd MICR code for Main Branch 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 The Akola Urban Cooperative Bank Limited for Main Branch branch. MICR code for Main Branch 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 Akola Urban Bank Ltd Main Branch is presented in the table alongside.

Use of Akola Urban Bank Ltd MICR code for Main Branch branch in akola

The MICR code 0 is used in RBI cheque clearing process to identify the branch Main Branch and Akola Urban Bank Ltd 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 The Akola Urban Cooperative Bank Limited is typically in either of these two font’s: E-138 and CMC-7.