Fino Payment Bank Dehradun Dehradun Uttrakhand MICR CODE

Find MICR Codes for Fino Payment Bank Dehradun Dehradun Uttrakhand

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MICR Code
Bank Fino Payment Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Selaqui S O
Contact 0
Bank Details Fino Payment Bank Selaqui S O FINO0001557
Location Dehradun, Dehradun
City Dehradun
District Dehradun
State Uttrakhand
Pincode 248012
Country IN
Address E 17, friends enclave, vidhan sabha, rishikesh road behind defense colony near railway crossing dehradun 248012, uttarakhand
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 Selaqui S O 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, Selaqui S O branch makes the system almost error free and faster. Use of Fino Bank MICR codes for Selaqui S O branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Fino Payment Bank are available with micr code -

>>Selaqui S O

MICR code for Fino Payment Bank Selaqui S O

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 Selaqui S O 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 Selaqui S O branch. MICR code for Selaqui S O 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 Selaqui S O is presented in the table alongside.

Use of Fino Bank MICR code for Selaqui S O branch in dehradun

The MICR code 0 is used in RBI cheque clearing process to identify the branch Selaqui S O 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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