Saraswat Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Saraswat Bank Pune Pune Maharashtra

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MICR Code	411088018
Bank	Saraswat Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Budhwar Peth Branch
Contact	020-24455226
Bank Details	Saraswat Co-Op Bank Ltd Budhwar Peth Branch SRCB0000194

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411002
Country	IN
Address	596, budhwar peth, pune 411002.

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 411088018 for Budhwar Peth 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 411088018 of Saraswat Cooperative Bank, Budhwar Peth Branch branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for Budhwar Peth Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 51 branches of Saraswat Co-Op Bank Ltd are available with micr code -

>>Aundh >>Baner Road Branch >>Bavdhan Branch >>Bhosari >>Bhusari Colony >>Bibwewadi >>Budhwar Peth Branch >>Chinchwad Branch >>Cocpc Pune >>Credit Admin. Department >>Dahanukar Colony >>F C Road >>Fatima Nagar Branch >>Gandhakosh Pune >>Ganesh Khind Road Branch >>Ganesh Nagar >>Hinjewadi >>Karve Road >>Katraj Branch >>Keshav Nagar Pune >>Kharadi Branch >>Kondhava Branch >>Koregaon Park >>Mahesh Sahakari Bank Market Yard >>Moshi >>Narayan Peth >>Narhe >>Pashan Branch >>Paud Road >>Pimple Nilakh >>Pimple Saudagar >>Punawale >>Ranjangaon >>Rasec Pune >>Ravet Branch >>Sahakar Nagar >>Service Br. Pune >>Shivane Branch >>Sinhgad Road Branch >>Sme Branch >>Somwar Peth >>Sundarlal Savji Co Op Bank Ltd Pune Branch >>Thermax Chowk >>Tilak Road >>Undri >>Vamnicom Branch >>Viman Nagar >>Vishrantwadi Branch >>Wagholi Branch Pune >>Wakad Branch >>Warje

MICR code for Saraswat Bank Budhwar Peth Branch

Saraswat Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Saraswat Cooperative Bank MICR code for Budhwar Peth 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. 411088018 is the MICR code of Saraswat Co Op Bank for Budhwar Peth Branch branch. MICR code for Budhwar Peth 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 Saraswat Cooperative Bank Budhwar Peth Branch is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Budhwar Peth Branch branch in pune

The MICR code 411088018 is used in RBI cheque clearing process to identify the branch Budhwar Peth Branch and Saraswat Cooperative 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 Saraswat Co Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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