Bassein Catholic Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Bassein Catholic Bank Pune Pune Maharashtra

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MICR Code
Bank Bassein Catholic Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chakan Branch
Contact 0
Bank Details Bassein Catholic Co-Op Bank Ltd Chakan Branch BACB0000113
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 410501
Country IN
Address Gat no. 2427 old,481 new,aryaa prism commercial complex,shop no. 2a,2b and 5, chakan talegaon road,chakan, tal.khed,dist. Pune 410 501
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 411238004 for Chakan 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 411238004 of Bassein Catholic Co-Op Bank, Chakan Branch branch makes the system almost error free and faster. Use of Bassein Catholic Co-Op Bank MICR codes for Chakan Branch branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Chakan Branch >>Pune

MICR code for Bassein Catholic Bank Chakan Branch

Bassein Catholic Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bassein Catholic Co-Op Bank MICR code for Chakan 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. 411238004 is the MICR code of Bassein Catholic Co-Operative Bank for Chakan Branch branch. MICR code for Chakan 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 Bassein Catholic Co-Op Bank Chakan Branch is presented in the table alongside.

Use of Bassein Catholic Co-Op Bank MICR code for Chakan Branch branch in pune

The MICR code 411238004 is used in RBI cheque clearing process to identify the branch Chakan Branch and Bassein Catholic Co-Op 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 Bassein Catholic Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.

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