Fino Payment Bank Solapur Solapur Maharashtra MICR CODE

Find MICR Codes for Fino Payment Bank Solapur Solapur Maharashtra

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MICR Code	-NA-
Bank	Fino Payment Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Barshi Kurdwadi
Contact	9765794442
Bank Details	Fino Payment Bank Barshi Kurdwadi FINO0001257

Location	Solapur, Solapur
City	Solapur
District	Solapur
State	Maharashtra
Pincode	413208
Country	IN
Address	Shanpe house,shivaji chouk,kurudwadi 413208

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 Barshi Kurdwadi 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 Fino Bank, Barshi Kurdwadi branch makes the system almost error free and faster. Use of Fino Bank MICR codes for Barshi Kurdwadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Fino Payment Bank are available with micr code -

>>Akkalkot >>Akluj >>Akluj Natepote >>Barshi >>Barshi Kurdwadi >>Mangalwedha >>Pandarpur >>Solapur Laxmi Market >>Solapur North Solapur

MICR code for Fino Payment Bank Barshi Kurdwadi

Fino Payment Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Fino Bank MICR code for Barshi Kurdwadi 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 Fino for Barshi Kurdwadi branch. MICR code for Barshi Kurdwadi 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 Fino Bank Barshi Kurdwadi is presented in the table alongside.

Use of Fino Bank MICR code for Barshi Kurdwadi branch in solapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Barshi Kurdwadi and Fino 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 Fino is typically in either of these two font’s: E-138 and CMC-7.

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