Let Others Know
×
LinkedIn
Email
WhatsApp

Abhyudaya Bank Udupi Udupi Karnataka MICR CODE

Find MICR Codes for Abhyudaya Bank Udupi Udupi Karnataka

MICR Code
Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shirva
Contact 0820-2554287
Bank Details Abhyudaya Co-Op Bank Ltd Shirva ABHY0065304
Location Udupi, Udupi
City Udupi
District Udupi
State Karnataka
Pincode 574116
Country IN
Address Shirva, teh. Udupi, 574 116
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 576065004 for Shirva 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 576065004 of Abhyudaya Co-Op Bank, Shirva branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank MICR codes for Shirva branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>City >>Main Br Udupi >>Shirva >>Udyavara

MICR code for Abhyudaya Bank Shirva

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 Shirva 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. 576065004 is the MICR code of Abhyudaya Co-Operative Bank for Shirva branch. MICR code for Shirva 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 Shirva is presented in the table alongside.

Use of Abhyudaya Co-Op Bank MICR code for Shirva branch in udupi

The MICR code 576065004 is used in RBI cheque clearing process to identify the branch Shirva 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.