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Abhyudaya Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Abhyudaya Bank Thane Thane Maharashtra

MICR Code
Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Virar
Contact 0250-2524161/4261
Bank Details Abhyudaya Co-Op Bank Ltd Virar ABHY0065055
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 401303
Country IN
Address Grnd & 1st floor, mataji krupa, opp. Mahanagarpalika library, phool pada road,virar (e), dist thane 401303
MICR Code
Bank Abhyudaya Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Owale Ghodbunder
Contact 25971586
Bank Details Abhyudaya Co-Op Bank Ltd Owale Ghodbunder ABHY0065057
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400605
Country IN
Address Siddhivinayak arcade, kailash tower, owale village, owala naka, ghodbunder road, thane 400605.
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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.

Search Abhyudaya Bank MICR Codes in thane

You can search through MICR Codes of Maharashtra branches in thane of District thane in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 6 branches of Abhyudaya Co-Op Bank Ltd are available with micr code -

>>Diva (E) >>Kalwa >>Kausa Mumbra >>Nallasopara >>Owale Ghodbunder >>Virar

How to find MICR codes for Abhyudaya Bank in thane?

Abhyudaya Bank thane MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Abhyudaya Co-Op Bank MICR codes list for thane, one can further search by branch name specified in the table. You can find MICR codes for all Abhyudaya Bank thane branches.

Abhyudaya Co-Op Bank MICR code in thane

Abhyudaya Bank MICR code is a character recognition technology used by banks in the processing of cheques. Abhyudaya Co-Op Bank MICR code for thane branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Abhyudaya Co-Operative Bank branches in thane, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Abhyudaya Co-Operative Bank MICR code for thane branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Abhyudaya Bank thane branch, sprinted 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. Thus MICR code for Abhyudaya Co-Op Bank thane branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Abhyudaya Co-Operative Bank MICR codes for thane branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!