Rajaram Bapu Sahakari Bank Sangli Sangli Maharashtra MICR CODE

Find MICR Codes for Rajaram Bapu Sahakari Bank Sangli Sangli Maharashtra

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MICR Code
Bank Rajaram Bapu Sahakari Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajwada Chowk Sangli
Contact 2372108
Bank Details Rajaram Bapu Sahakari Bank Limited Rajwada Chowk Sangli RRBP0000006
Location Sangli, Sangli
City Sangli
District Sangli
State Maharashtra
Pincode 416416
Country IN
Address Dasram keshkar maharaj sankul,rajwada chowk,sangli,dist sangli 416416
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 416584151 for Rajwada Chowk Sangli 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 416584151 of Rajaram Bapu Bank, Rajwada Chowk Sangli branch makes the system almost error free and faster. Use of Rajaram Bapu Bank MICR codes for Rajwada Chowk Sangli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Rajaram Bapu Sahakari Bank Limited are available with micr code -

>>Gaonbhag Sangli >>Karmveer Chowk Sangli >>Market Yard Sangli >>Rajwada Chowk Sangli >>Vishrambag Sangli

MICR code for Rajaram Bapu Sahakari Bank Rajwada Chowk Sangli

Rajaram Bapu Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajaram Bapu Bank MICR code for Rajwada Chowk Sangli 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. 416584151 is the MICR code of Rajaram Bapu Sahakari Bank for Rajwada Chowk Sangli branch. MICR code for Rajwada Chowk Sangli 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 Rajaram Bapu Bank Rajwada Chowk Sangli is presented in the table alongside.

Use of Rajaram Bapu Bank MICR code for Rajwada Chowk Sangli branch in sangli

The MICR code 416584151 is used in RBI cheque clearing process to identify the branch Rajwada Chowk Sangli and Rajaram Bapu 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 Rajaram Bapu Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.

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