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The Muslim Co-Operative Bank Ltd Solapur Solapur Maharashtra MICR CODE

Find MICR Codes for The Muslim Co-Operative Bank Ltd Solapur Solapur Maharashtra

MICR Code
Bank The Muslim Co-operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Solapur
Contact
Bank Details The Muslim Co-operative Bank Ltd Solapur MSLM0000020
Location Solapur, Solapur
City Solapur
District Solapur
State Maharashtra
Pincode
Country IN
Address Laxmi market solapur
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 Muslim Co-Operative Bank Ltd MICR Codes in solapur

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

A total of 1 branches of The Muslim Co-operative Bank Ltd are available with micr code -

>>Solapur

How to find MICR codes for The Muslim Co-Operative Bank Ltd in solapur?

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

Muslim Co Operative Bank Ltd MICR code in solapur

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

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