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Cosmos Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Cosmos Bank Indore Indore Madhya Pradesh

MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shridevi Annapurna High School Extension Counter
Contact Mr. Rayrikar Vinayak, Manager,Ph.No.0731-2480044
Bank Details Cosmos Co-Op Bank Ltd Shridevi Annapurna High School Extension Counter COSB0000917
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address Shridevi annapurna higher secondary school extn counter, annapurna temple, annapurna road, near dashera maidan, indore
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 452164002 for Shridevi Annapurna High School Extension Counter 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 452164002 of Cosmos Cooperative Bank, Shridevi Annapurna High School Extension Counter branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for Shridevi Annapurna High School Extension Counter branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Indore >>Shridevi Annapurna High School Extension Counter

MICR code for Cosmos Bank Shridevi Annapurna High School Extension Counter

Cosmos Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Cosmos Cooperative Bank MICR code for Shridevi Annapurna High School Extension Counter 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. 452164002 is the MICR code of Cosmos Bank for Shridevi Annapurna High School Extension Counter branch. MICR code for Shridevi Annapurna High School Extension Counter 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 Cosmos Cooperative Bank Shridevi Annapurna High School Extension Counter is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for Shridevi Annapurna High School Extension Counter branch in indore

The MICR code 452164002 is used in RBI cheque clearing process to identify the branch Shridevi Annapurna High School Extension Counter and Cosmos Cooperative 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 Cosmos Bank is typically in either of these two font’s: E-138 and CMC-7.