Cosmos Bank Aundh Sanewadi Pune Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Aundh Sanewadi Pune Maharashtra

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MICR Code	411164008
Bank	Cosmos Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Aundh Sanewadi
Contact	Ms. Datar Geeta, Manager, Ph.020-25882697, Fax. 25889488
Bank Details	Cosmos Co-Op Bank Ltd Aundh Sanewadi COSB0000007

Location	Aundh Sanewadi, Pune
City	Aundh Sanewadi
District	Pune
State	Maharashtra
Pincode	411007
Country	IN
Address	Nav – vrushali hsg. Soc. S.no.128/4, plot no 7, aundh, pune 411 007

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 411164008 for Aundh Sanewadi 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 411164008 of Cosmos Cooperative Bank, Aundh Sanewadi branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for Aundh Sanewadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Aundh Sanewadi

MICR code for Cosmos Bank Aundh Sanewadi

Cosmos Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Cosmos Cooperative Bank MICR code for Aundh Sanewadi 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. 411164008 is the MICR code of Cosmos Bank for Aundh Sanewadi branch. MICR code for Aundh Sanewadi 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 Cosmos Cooperative Bank Aundh Sanewadi is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for Aundh Sanewadi branch in aundh sanewadi

The MICR code 411164008 is used in RBI cheque clearing process to identify the branch Aundh Sanewadi and Cosmos Cooperative 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 Cosmos Bank is typically in either of these two font’s: E-138 and CMC-7.

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