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AP Mahesh Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for AP Mahesh Bank Hyderabad Hyderabad Andhra Pradesh

MICR Code
Bank The A.P. Mahesh Co-Op Urban Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Serilingampally
Contact 040-23437130
Bank Details The A.P. Mahesh Co-Op Urban Bank Ltd Serilingampally APMC0000009
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500036
Country IN
Address 5-201/1&2, 1st floor, bhel, above carona footwear, main road, serilingampally, hyderabad - 500 036
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 500142009 for Serilingampally 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 500142009 of AP Mahesh Co Op Bank, Serilingampally branch makes the system almost error free and faster. Use of AP Mahesh Co Op Bank MICR codes for Serilingampally branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for AP Mahesh Bank Serilingampally

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 Serilingampally 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. 500142009 is the MICR code of AP Mahesh Co Op Urban Bank for Serilingampally branch. MICR code for Serilingampally 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 Serilingampally is presented in the table alongside.

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

The MICR code 500142009 is used in RBI cheque clearing process to identify the branch Serilingampally 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.