Shamrao Vithal Bank Pune Dehu Road Maharashtra MICR CODE

Find MICR Codes for Shamrao Vithal Bank Pune Dehu Road Maharashtra

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MICR Code
Bank Shamrao Vithal Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dharmavir Sambhaji Bk Dehu Road
Contact 9850832776
Bank Details Shamrao Vithal Co-Op Bank Ltd Dharmavir Sambhaji Bk Dehu Road SVCB0004009
Location Pune, Dehu Road
City Pune
District Dehu Road
State Maharashtra
Pincode 412101
Country IN
Address Railway station road, main bazar, dehu road, taluka haveli, pune- 412101
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 411532266 for Dharmavir Sambhaji Bk Dehu Road 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 411532266 of Shamrao Bank, Dharmavir Sambhaji Bk Dehu Road branch makes the system almost error free and faster. Use of Shamrao Bank MICR codes for Dharmavir Sambhaji Bk Dehu Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Shamrao Vithal Co-Op Bank Ltd are available with micr code -

>>Dharmavir Sambhaji Bk Dehu Road

MICR code for Shamrao Vithal Bank Dharmavir Sambhaji Bk Dehu Road

Shamrao Vithal Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Shamrao Bank MICR code for Dharmavir Sambhaji Bk Dehu Road 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. 411532266 is the MICR code of SVC Bank for Dharmavir Sambhaji Bk Dehu Road branch. MICR code for Dharmavir Sambhaji Bk Dehu Road 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 Shamrao Bank Dharmavir Sambhaji Bk Dehu Road is presented in the table alongside.

Use of Shamrao Bank MICR code for Dharmavir Sambhaji Bk Dehu Road branch in pune

The MICR code 411532266 is used in RBI cheque clearing process to identify the branch Dharmavir Sambhaji Bk Dehu Road and Shamrao 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 SVC Bank is typically in either of these two font’s: E-138 and CMC-7.

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