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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 of Saraswat Cooperative Bank, branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>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
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 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. is the MICR code of Saraswat Co Op Bank for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the 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.