Baramati Bank Wai Satara Maharashtra MICR CODE

Find MICR Codes for Baramati Bank Wai Satara Maharashtra

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MICR Code
Bank The Baramati Sahakari Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Wai
Contact 9922444209
Bank Details The Baramati Sahakari Bank Limited Wai BARA0000036
Location Wai, Satara
City Wai
District Satara
State Maharashtra
Pincode 412803
Country IN
Address C.s.no. 922, sayali complex, wai, tal. Wai, dist. Satara 412803
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.

Search Baramati Bank MICR Codes in satara

You can search through MICR Codes of Maharashtra branches in wai of District satara in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of The Baramati Sahakari Bank Limited are available with micr code -

>>Wai

How to find MICR codes for Baramati Bank in wai?

Baramati Bank wai MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Baramati Sahakari Bank MICR codes list for wai, one can further search by branch name specified in the table. You can find MICR codes for all Baramati Bank wai branches.

Baramati Sahakari Bank MICR code in wai

Baramati Bank MICR code is a character recognition technology used by banks in the processing of cheques. Baramati Sahakari Bank MICR code for wai branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Baramati Bank Limitrd branches in wai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Baramati Bank Limitrd MICR code for wai branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Baramati Bank wai branch, sprinted 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. Thus MICR code for Baramati Sahakari Bank wai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Baramati Bank Limitrd MICR codes for wai branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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