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Bank Of Tokyo Neemrana Alwar Rajasthan MICR CODE

Find MICR Codes for Bank Of Tokyo Neemrana Alwar Rajasthan

MICR Code
Bank Bank Of Tokyo-Mitsubishi Ufj Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Neemrana
Contact 09810730151, 01494246223, 01494246224
Bank Details Bank Of Tokyo-Mitsubishi Ufj Ltd Neemrana BOTM0NEEMRA
Location Neemrana, Alwar
City Neemrana
District Alwar
State Rajasthan
Pincode 301705
Country IN
Address G47, industrial area, neemrana, tehsil behrod, distt. Alwar 301705, rajasthan
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 301033025 for Neemrana 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 301033025 of Bank Of Mitsubishi, Neemrana branch makes the system almost error free and faster. Use of Bank Of Mitsubishi MICR codes for Neemrana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Tokyo-Mitsubishi Ufj Ltd are available with micr code -

>>Neemrana

MICR code for Bank Of Tokyo Neemrana

Bank Of Tokyo MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bank Of Mitsubishi MICR code for Neemrana 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. 301033025 is the MICR code of Bank Of Mitsubishi Tokyo Ufj for Neemrana branch. MICR code for Neemrana 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 Bank Of Mitsubishi Neemrana is presented in the table alongside.

Use of Bank Of Mitsubishi MICR code for Neemrana branch in neemrana

The MICR code 301033025 is used in RBI cheque clearing process to identify the branch Neemrana and Bank Of Mitsubishi 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 Bank Of Mitsubishi Tokyo Ufj is typically in either of these two font’s: E-138 and CMC-7.