Bharat Bank Pimpri Chinchwad Pune Maharashtra MICR CODE

Find MICR Codes for Bharat Bank Pimpri Chinchwad Pune Maharashtra

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MICR Code
Bank Bharat Co-Op Bank (Mumbai) Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pimpri Chinchwad
Contact 020-27443535,27443536
Bank Details Bharat Co-Op Bank (Mumbai) Ltd Pimpri Chinchwad BCBM0000045
Location Pimpri Chinchwad, Pune
City Pimpri Chinchwad
District Pune
State Maharashtra
Pincode 411019
Country IN
Address Shop no b/17 & 18, empire estate, chinchwad, pune 411 019
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 411026265 for Pimpri Chinchwad 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 411026265 of Bharat Coop Bank, Pimpri Chinchwad branch makes the system almost error free and faster. Use of Bharat Coop Bank MICR codes for Pimpri Chinchwad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bharat Co-Op Bank (Mumbai) Ltd are available with micr code -

>>Pimpri Chinchwad

MICR code for Bharat Bank Pimpri Chinchwad

Bharat Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bharat Coop Bank MICR code for Pimpri Chinchwad 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. 411026265 is the MICR code of Bharat Cooperative Bank for Pimpri Chinchwad branch. MICR code for Pimpri Chinchwad 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 Bharat Coop Bank Pimpri Chinchwad is presented in the table alongside.

Use of Bharat Coop Bank MICR code for Pimpri Chinchwad branch in pimpri chinchwad

The MICR code 411026265 is used in RBI cheque clearing process to identify the branch Pimpri Chinchwad and Bharat Coop 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 Bharat Cooperative Bank is typically in either of these two font’s: E-138 and CMC-7.

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