Shahu Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Shahu Bank Pune Pune Maharashtra

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MICR Code
Bank Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hadapsar
Contact 27121154
Bank Details Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd Hadapsar CRUB0000047
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411028
Country IN
Address S. No 218/mp-2, near netaji subhash hall, vithal nagar, staff quarters, hadapsar, pune - 411 028
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 411840005 for Hadapsar 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 411840005 of Rajarshi Shahu Bank, Hadapsar branch makes the system almost error free and faster. Use of Rajarshi Shahu Bank MICR codes for Hadapsar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd are available with micr code -

>>Bhosari >>Hadapsar

MICR code for Shahu Bank Hadapsar

Shahu Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajarshi Shahu Bank MICR code for Hadapsar 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. 411840005 is the MICR code of Chhatrapati Rajarshi Shahu Bank for Hadapsar branch. MICR code for Hadapsar 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 Hadapsar is presented in the table alongside.

Use of Rajarshi Shahu Bank MICR code for Hadapsar branch in pune

The MICR code 411840005 is used in RBI cheque clearing process to identify the branch Hadapsar 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 Chhatrapati Rajarshi Shahu Bank is typically in either of these two font’s: E-138 and CMC-7.

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