Cosmos Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Nashik Nashik Maharashtra

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MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pethe Vidyalaya Extn Counter Nasik
Contact Mr. Pavanskar Vidyadhar ,Manager Ph.No.0253-2590741
Bank Details Cosmos Co-Op Bank Ltd Pethe Vidyalaya Extn Counter Nasik COSB0000907
Location Nashik, Nashik
City Nashik
District Nashik
State Maharashtra
Pincode 422001
Country IN
Address Nasik education society, raviwar karanja, nasik 422001
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 422164002 for Pethe Vidyalaya Extn Counter Nasik 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 422164002 of Cosmos Cooperative Bank, Pethe Vidyalaya Extn Counter Nasik branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for Pethe Vidyalaya Extn Counter Nasik branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>D.S.Kothari Kanyashala Extn Counter Nasik >>Nashik >>Pethe Vidyalaya Extn Counter Nasik >>Rangubai Junnare High School Extn Counter Nasik

MICR code for Cosmos Bank Pethe Vidyalaya Extn Counter Nasik

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 Pethe Vidyalaya Extn Counter Nasik 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. 422164002 is the MICR code of Cosmos Bank for Pethe Vidyalaya Extn Counter Nasik branch. MICR code for Pethe Vidyalaya Extn Counter Nasik 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 Pethe Vidyalaya Extn Counter Nasik is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for Pethe Vidyalaya Extn Counter Nasik branch in nashik

The MICR code 422164002 is used in RBI cheque clearing process to identify the branch Pethe Vidyalaya Extn Counter Nasik 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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