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Abhyudaya Bank Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Abhyudaya Bank Mangalore Dakshina Kannada Karnataka

MICR Code
Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mangalore
Contact 0824-2423067
Bank Details Abhyudaya Co-Op Bank Ltd Mangalore ABHY0065306
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 575001
Country IN
Address Laxmidas complex, maidan rd, opp. Bus stand, mangalore, 575 001
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 575065002 for Mangalore 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 575065002 of Abhyudaya Co-Op Bank, Mangalore branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for Mangalore 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 -

>>Mangalore

MICR code for Abhyudaya Bank Mangalore

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 Mangalore 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. 575065002 is the MICR code of Abhyudaya Co-Operative Bank for Mangalore branch. MICR code for Mangalore 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 Mangalore is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for Mangalore branch in mangalore

The MICR code 575065002 is used in RBI cheque clearing process to identify the branch Mangalore 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.