Ambarnath Jaihind Coop Bank Limited Pune Pune Maharashtra MICR CODE

Find MICR Codes for Ambarnath Jaihind Coop Bank Limited Pune Pune Maharashtra

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MICR Code
Bank Ambarnath Jaihind Coop Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pune Erandawane Branch
Contact 25466060
Bank Details Ambarnath Jaihind Coop Bank Ltd Pune Erandawane Branch AJHC0001014
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411004
Country IN
Address Shop no.2,godse bhavan,gulawani maharaj road,near mehendale garage
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 411805002 for Pune Erandawane Branch 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 411805002 of Ambarnath Jaihind Coop Bank Limited, Pune Erandawane Branch branch makes the system almost error free and faster. Use of Ambarnath Jaihind Coop Bank Limited MICR codes for Pune Erandawane Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Ambarnath Jaihind Coop Bank Ltd are available with micr code -

>>Dhankawadi Pune >>Pune Erandawane Branch

MICR code for Ambarnath Jaihind Coop Bank Limited Pune Erandawane Branch

Ambarnath Jaihind Coop Bank Limited MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ambarnath Jaihind Coop Bank Limited MICR code for Pune Erandawane Branch 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. 411805002 is the MICR code of Ambarnath Jaihind Coop Bank Limited for Pune Erandawane Branch branch. MICR code for Pune Erandawane Branch 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 Ambarnath Jaihind Coop Bank Limited Pune Erandawane Branch is presented in the table alongside.

Use of Ambarnath Jaihind Coop Bank Limited MICR code for Pune Erandawane Branch branch in pune

The MICR code 411805002 is used in RBI cheque clearing process to identify the branch Pune Erandawane Branch and Ambarnath Jaihind Coop Bank Limited 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 Ambarnath Jaihind Coop Bank Limited is typically in either of these two font’s: E-138 and CMC-7.

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