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Abhyudaya Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Abhyudaya Bank Mumbai Greater Bombay Maharashtra

MICR Code:
Bank: Abhyudaya Co-Op Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Sarvodaya Nagar Jogeshwari (E)
Contact:
Bank Details: Abhyudaya Co-Op Bank Ltd Sarvodaya Nagar Jogeshwari (E) ABHY0065065
Location: Mumbai, Greater Bombay
City: Mumbai
District: Greater Bombay
State: Maharashtra
Pincode: 400060
Country: IN
Address: Bal vikas school building, ground floor, mhada colony, sarvodaya nagar, jogeshwari (e), mumbai 400 060
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 400065065 for Sarvodaya Nagar Jogeshwari (E) 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 400065065 of Abhyudaya Co-Op Bank, Sarvodaya Nagar Jogeshwari (E) branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for Sarvodaya Nagar Jogeshwari (E) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>Goregaon West >>Kurla (W) >>Lalbaug >>Lower Parel >>Marve Link Road Kandivli (W) >>Sarvodaya Nagar Jogeshwari (E) >>Vikhroli (East) >>Vikhroli W

MICR code for Abhyudaya Bank Sarvodaya Nagar Jogeshwari (E)

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 Sarvodaya Nagar Jogeshwari (E) 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. 400065065 is the MICR code of Abhyudaya Co-Operative Bank for Sarvodaya Nagar Jogeshwari (E) branch. MICR code for Sarvodaya Nagar Jogeshwari (E) 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 Sarvodaya Nagar Jogeshwari (E) is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for Sarvodaya Nagar Jogeshwari (E) branch in mumbai

The MICR code 400065065 is used in RBI cheque clearing process to identify the branch Sarvodaya Nagar Jogeshwari (E) 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.