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

Find MICR Codes for The Malkapur Urban Co Operative Bank Ltd Shegaon 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 Shegaon
Contact
Bank Details The Malkapur Urban Co Operative Bank Ltd Shegaon MKPB0000124
Location Shegaon, Buldana
City Shegaon
District Buldana
State Maharashtra
Pincode 444203
Country IN
Address Shree gajanan tower,veer bhagatsingh chowk,shegaon -444203
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 shegaon 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 shegaon?

The Malkapur Urban Co Operative Bank Ltd shegaon 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 shegaon, 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 shegaon branches.

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

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 shegaon 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 shegaon, 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 shegaon 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 shegaon 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 shegaon 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 shegaon branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!