Catholic Syrian Bank Varkute Kh. Ramkund Pune Maharashtra MICR CODE

Find MICR Codes for Catholic Syrian Bank Varkute Kh. Ramkund 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 Varkute Kh
Contact
Bank Details Catholic Syrian Bank Ltd Varkute Kh CSBK0000450
Location Varkute Kh. Ramkund, Pune
City Varkute Kh. Ramkund
District Pune
State Maharashtra
Pincode 413120
Country IN
Address A/p varkute kh. Tal-indapur,dist-pune, pin-413120
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 0 for Varkute Kh 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 0 of CSB Bank, Varkute Kh branch makes the system almost error free and faster. Use of CSB Bank MICR codes for Varkute Kh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Catholic Syrian Bank Ltd are available with micr code -

>>Varkute Kh

MICR code for Catholic Syrian Bank Varkute Kh

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 Varkute Kh 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. 0 is the MICR code of Syrian Bank for Varkute Kh branch. MICR code for Varkute Kh 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 Varkute Kh is presented in the table alongside.

Use of CSB Bank MICR code for Varkute Kh branch in varkute kh. ramkund

The MICR code 0 is used in RBI cheque clearing process to identify the branch Varkute Kh 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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