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Locate Bank Branches for Abhyudaya Co-Op Bank Ltd Sindhudurg Maharashtra

Bank Name: Abhyudaya Co-Op Bank Ltd
Branch: Kankavli
Business Hours: Monday to Saturday 10 am to 4 pm
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
MICR Code: 416065501
IFSC Code: ABHY0065114
Bank Details: Abhyudaya Co-Op Bank Ltd Kankavli ABHY0065114
Location: Kankavli, Sindhudurg
City: Kankavli
District: Sindhudurg
State: Maharashtra
Pin Code: 416602
Country: India
Address: 3/16, a-1-b, ground floor, hissa no.29, survey no.204, mumabai goa highway, at and post - kankavli, dist - sindhudurg 416602

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.

In manual clearing of cheques, many errors may occur and therefore the whole process is sort of time consuming. The MICR technology accelerates the processing of cheque because it reduces manual efforts of sorting. Thus the 825240102 of Abhyudaya Co-Op Bank Ltd Ltd, Kankavli branch makes the system almost error free and faster. Use of Abhyudaya Co-Op Bank Ltd Ltd MICR codes for Kankavli branch, makes the characters readable whether or not there are other marks and stamps thereon.

Abhyudaya Co-Op Bank Ltd MICR (Magnetic Ink Character Recognition) code may be a code code used for processing and clearance of cheques. Abhyudaya Co-Op Bank Ltd Ltd MICR code for Kankavli may be a 9 digit code, within which first 3 digit represents town code, next 3 digit to bank code and later 3 digit to branch code. 825240102 is that the MICR code of HDFC for Kankavli branch. MICR code for Kankavli branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader then automatically sorted. MICR code for Abhyudaya Co-Op Bank Ltd Ltd Kankavli is presented within the table alongside.

The MICR code 825240102 is employed in RBI cheque clearing process to spot the branch Kankavli and Abhyudaya Co-Op Bank Ltd Ltd bank for clearing processes. The MICR characters, which are printed using ink, are passed before a MICR reader. Initially the ink gets magnetized and when it's read, each character produces a novel waveform which might be easily identified. MICR code of HDFC is often in either of those two font’s: E-138 and CMC-7.

In manual clearing of cheques, there's an opportunity of the many errors and a protracted delay is involved. The characters of MICR code for a Abhyudaya Co-Op Bank Ltd Kankavli branch, sprinted using ink, are passed before a MICR reader. Initially the ink gets magnetized and when it's read, each character produces a singular waveform which may be easily identified. Thus MICR code for Abhyudaya Co-Op Bank Ltd Ltd Kankavli branches accelerates the processing of cheque because it reduces manual effort of sorting. Use of Abhyudaya Co-Op Bank Ltd MICR codes for Kankavli branches, makes the characters readable whether or not there are other marks and stamps thereon. This makes the system almost error proof!