Rajarshi Shahu Sahakari Bank Ltd Pune Pune Maharashtra MICR CODE

Find MICR Codes for Rajarshi Shahu Sahakari Bank Ltd Pune Pune Maharashtra

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MICR Code
Bank Rajarshi Shahu Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manjari Branch
Contact
Bank Details Rajarshi Shahu Sahakari Bank Ltd Manjari Branch RSSB0000008
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 412307
Country IN
Address Sv.no.80/40,shop no-14 to 16,blgd no.c-2,oxygen valley,manjari,pune-412307
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 Manjari Branch 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 Rajarshi Shahu Bank, Manjari Branch branch makes the system almost error free and faster. Use of Rajarshi Shahu Bank MICR codes for Manjari Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Rajarshi Shahu Sahakari Bank Ltd Manjari Branch

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

Use of Rajarshi Shahu Bank MICR code for Manjari Branch branch in pune

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

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