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Abhyudaya Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Abhyudaya Bank Vadodara Vadodara Gujarat

MICR Code
Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mandvi Vadodara
Contact 0265-2424149
Bank Details Abhyudaya Co-Op Bank Ltd Mandvi Vadodara ABHY0065201
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390006
Country IN
Address Shree krishna bhavan, near champaner gate, 3259 bank road, vadodara 390006,
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 390065002 for Mandvi Vadodara 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 390065002 of Abhyudaya Co-Op Bank, Mandvi Vadodara branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for Mandvi Vadodara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>Mandvi Vadodara

MICR code for Abhyudaya Bank Mandvi Vadodara

Abhyudaya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Abhyudaya Co-Op Bank MICR code for Mandvi Vadodara 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. 390065002 is the MICR code of Abhyudaya Co-Operative Bank for Mandvi Vadodara branch. MICR code for Mandvi Vadodara 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 Abhyudaya Co-Op Bank Mandvi Vadodara is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for Mandvi Vadodara branch in vadodara

The MICR code 390065002 is used in RBI cheque clearing process to identify the branch Mandvi Vadodara and Abhyudaya Co-Op Bank 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 Abhyudaya Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.