Mahanagar Bank Talegaon Dabhade Pune Maharashtra MICR CODE

Find MICR Codes for Mahanagar Bank Talegaon Dabhade Pune Maharashtra

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MICR Code
Bank Mahanagar Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Talegaon Dabhade
Contact 022 24710821
Bank Details Mahanagar Co-Op Bank Ltd Talegaon Dabhade MCBL0960065
Location Talegaon Dabhade, Pune
City Talegaon Dabhade
District Pune
State Maharashtra
Pincode 410507
Country IN
Address Shop no. 6, 7, 8, a, gr. Floor, saras plaza apartment, samsan nagar chs ltd, plot no. 9a, talegaon chakan highway , talegaon dabhade, dist. Pune.
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 411174451 for Talegaon Dabhade 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 411174451 of Mahanagar Co Op Bank, Talegaon Dabhade branch makes the system almost error free and faster. Use of Mahanagar Co Op Bank MICR codes for Talegaon Dabhade branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Talegaon Dabhade

MICR code for Mahanagar Bank Talegaon Dabhade

Mahanagar Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Mahanagar Co Op Bank MICR code for Talegaon Dabhade 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. 411174451 is the MICR code of Mahanagar Cooperative Bank for Talegaon Dabhade branch. MICR code for Talegaon Dabhade 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 Mahanagar Co Op Bank Talegaon Dabhade is presented in the table alongside.

Use of Mahanagar Co Op Bank MICR code for Talegaon Dabhade branch in talegaon dabhade

The MICR code 411174451 is used in RBI cheque clearing process to identify the branch Talegaon Dabhade and Mahanagar Co Op 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 Mahanagar Cooperative Bank is typically in either of these two font’s: E-138 and CMC-7.

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