Catholic Syrian Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Catholic Syrian Bank Pune Pune Maharashtra

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MICR Code
Bank Catholic Syrian Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramwadi
Contact Varghese Paul Akkara Phone: 0832 64001411 Email: Ramwadi@csb.Co.In
Bank Details Catholic Syrian Bank Ltd Ramwadi CSBK0000282
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411014
Country IN
Address 26/4, matchwel factory road, ramwadi, pune - 411014
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 411047002 for Ramwadi 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 411047002 of CSB Bank, Ramwadi branch makes the system almost error free and faster. Use of CSB Bank MICR codes for Ramwadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Catholic Syrian Bank Ltd are available with micr code -

>>Market Yard Pune >>Ramwadi >>Sadesatranali

MICR code for Catholic Syrian Bank Ramwadi

Catholic Syrian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. CSB Bank MICR code for Ramwadi 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. 411047002 is the MICR code of Syrian Bank for Ramwadi branch. MICR code for Ramwadi 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 CSB Bank Ramwadi is presented in the table alongside.

Use of CSB Bank MICR code for Ramwadi branch in pune

The MICR code 411047002 is used in RBI cheque clearing process to identify the branch Ramwadi and CSB 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 Syrian Bank is typically in either of these two font’s: E-138 and CMC-7.

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