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The Malkapur Urban Co Operative Bank Ltd Motala Buldana Maharashtra MICR CODE

Find MICR Codes for The Malkapur Urban Co Operative Bank Ltd Motala Buldana Maharashtra

MICR Code
Bank The Malkapur Urban Co Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Motala
Contact
Bank Details The Malkapur Urban Co Operative Bank Ltd Motala MKPB0000102
Location Motala, Buldana
City Motala
District Buldana
State Maharashtra
Pincode 443103
Country IN
Address Nandura road,motala -443103
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 Malkapur Urban Co Operative Bank Ltd MICR Codes in buldana

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

The Malkapur Urban Co Operative Bank Ltd branches with micr codes are available in 5 cities-

>>Chikhli >>Malkapur >>Mehkar >>Motala >>Shegaon

How to find MICR codes for The Malkapur Urban Co Operative Bank Ltd in motala?

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

The Malkapur Urban Co-Op Bank Ltd MICR code in motala

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

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