Pandharpur Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Pandharpur Bank Pune Pune Maharashtra

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MICR Code
Bank The Pandharpur Urban Coop Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sinhagad Road Pune
Contact 24252565
Bank Details The Pandharpur Urban Coop Bank Ltd Sinhagad Road Pune PUCB0000030
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411030
Country IN
Address S no 120a 120b plot no 545 tps no 3 sinhagad road paravti pune 411030
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 411588005 for Sinhagad Road Pune 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 411588005 of Pandharpur Urban Bank, Sinhagad Road Pune branch makes the system almost error free and faster. Use of Pandharpur Urban Bank MICR codes for Sinhagad Road Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of The Pandharpur Urban Coop Bank Ltd are available with micr code -

>>Chinchwad >>Kothrud Pune >>Narhe Ambegaon >>Sinhagad Road Pune

MICR code for Pandharpur Bank Sinhagad Road Pune

Pandharpur Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Pandharpur Urban Bank MICR code for Sinhagad Road Pune 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. 411588005 is the MICR code of Pandharpur Urban Coop Bank for Sinhagad Road Pune branch. MICR code for Sinhagad Road Pune 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 Pandharpur Urban Bank Sinhagad Road Pune is presented in the table alongside.

Use of Pandharpur Urban Bank MICR code for Sinhagad Road Pune branch in pune

The MICR code 411588005 is used in RBI cheque clearing process to identify the branch Sinhagad Road Pune and Pandharpur Urban 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 Pandharpur Urban Coop Bank is typically in either of these two font’s: E-138 and CMC-7.

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