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The Nav Jeevan Co-Op Bank Ltd Thane Thane Maharashtra MICR CODE

Find MICR Codes for The Nav Jeevan Co-Op Bank Ltd Thane Thane Maharashtra

MICR Code
Bank The Nav Jeevan Co-op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thane Branch
Contact
Bank Details The Nav Jeevan Co-op Bank Ltd Thane Branch NJBK0790008
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400603
Country IN
Address Krishna niwas,chhatrapati shivaji socity,ground floor,plot no.f-3,kopri colony,thane ( east ) -400 603
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.

How does MICR code 0 for Thane 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 The Nav Jeevan Co-Operative Bank Ltd, Thane Branch branch makes the system almost error free and faster. Use of The Nav Jeevan Co-Operative Bank Ltd MICR codes for Thane Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Nav Jeevan Co-op Bank Ltd are available with micr code -

>>Thane Branch

MICR code for The Nav Jeevan Co-Op Bank Ltd Thane Branch

The Nav Jeevan Co-Op Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. The Nav Jeevan Co-Operative Bank Ltd MICR code for Thane 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 Nav Jeevan Co-Op Bank Ltd for Thane Branch branch. MICR code for Thane 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 The Nav Jeevan Co-Operative Bank Ltd Thane Branch is presented in the table alongside.

Use of The Nav Jeevan Co-Operative Bank Ltd MICR code for Thane Branch branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Thane Branch and The Nav Jeevan Co-Operative 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 Nav Jeevan Co-Op Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.