Rajasthan Co Op Bank Pugal Bikaner Rajasthan MICR CODE

Find MICR Codes for Rajasthan Co Op Bank Pugal Bikaner Rajasthan

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MICR Code
Bank The Rajasthan State Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pugal
Contact 9799750521
Bank Details The Rajasthan State Co-Operative Bank Ltd Pugal RSCB0017012
Location Pugal, Bikaner
City Pugal
District Bikaner
State Rajasthan
Pincode 334808
Country IN
Address The bikaner central co-operative bank ltd pugal branch old gram panchayat bhawan near bus stand pugal tehsil khajuwala bikaner rajasthan
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 Pugal 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 Rajasthan Co-Operative Bank, Pugal branch makes the system almost error free and faster. Use of Rajasthan Co-Operative Bank MICR codes for Pugal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Rajasthan State Co-Operative Bank Ltd are available with micr code -

>>Pugal

MICR code for Rajasthan Co Op Bank Pugal

Rajasthan Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajasthan Co-Operative Bank MICR code for Pugal 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 Rajasthan State Co Op Bank for Pugal branch. MICR code for Pugal 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 Rajasthan Co-Operative Bank Pugal is presented in the table alongside.

Use of Rajasthan Co-Operative Bank MICR code for Pugal branch in pugal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pugal and Rajasthan Co-Operative 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 Rajasthan State Co Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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