Pavana Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Pavana Bank Pune Pune Maharashtra

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MICR Code
Bank Pavana Sahakari Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kamshet
Contact 20-8237085812
Bank Details Pavana Sahakari Bank Limited Kamshet PSBL0000019
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 410405
Country IN
Address Sr.no 91/1b,swami samarth erande complex,pune mumbai highway,kamshet,tal.maval,dist pune pin code - 410405
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 Kamshet 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 Pavana Sahakari Bank, Kamshet branch makes the system almost error free and faster. Use of Pavana Sahakari Bank MICR codes for Kamshet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of Pavana Sahakari Bank Limited are available with micr code -

>>Akurdi >>Alandi >>Bhosari >>Chikhali >>Chimbali Phata >>Chinchwad >>Dapodi >>Dehugaon >>Induri >>Kalewadi >>Kamshet >>Kasarwadi >>Marunjinere >>Pashan >>Pimpri >>Ravet >>Rtgsho >>Shikrapur >>Somatne Phata >>Spine Road >>Vadgaon Maval >>Wagholi >>Wakad

MICR code for Pavana Bank Kamshet

Pavana Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Pavana Sahakari Bank MICR code for Kamshet 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 Pavana Bank for Kamshet branch. MICR code for Kamshet 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 Pavana Sahakari Bank Kamshet is presented in the table alongside.

Use of Pavana Sahakari Bank MICR code for Kamshet branch in pune

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

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