MICR Code Bank
Find MICR code for AP Mahesh Bank branches in India for NEFT and RTGS transfer

AP Mahesh Bank MICR CODE

Find MICR Codes for AP Mahesh Bank

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  1. The A.P. Mahesh Co-Op Urban Bank Ltd »
  2. Andhra Pradesh »
  3. hyderabad »
  4. hyderabad »
  5. balanagar

Find MICR Codes for AP Mahesh Bank

MICR Code: 500142003
Bank: The A.P. Mahesh Co-Op Urban Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Balanagar
Contact: 040-23770307
Bank Details: The A.P. Mahesh Co-Op Urban Bank Ltd Balanagar APMC0000003
Location: Hyderabad, Hyderabad
City: Hyderabad
District: Hyderabad
State: Andhra Pradesh
Pincode: 500037
Country: IN
Address: 3-66,1st floor ,shobhana complex,bal nagar,hyderabad,500037

How does MICR code for 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 of AP Mahesh Co Op Bank, branch makes the system almost error free and faster. Use of AP Mahesh Co Op Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for AP Mahesh Bank

AP Mahesh Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. AP Mahesh Co Op Bank MICR code for 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. is the MICR code of AP Mahesh Co Op Urban Bank for branch. MICR code for 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 AP Mahesh Co Op Bank is presented in the table alongside.

Use of AP Mahesh Co Op Bank MICR code for branch in hyderabad

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