State Bank Of Travancore Pune Pune Maharashtra MICR CODE

Find MICR Codes for State Bank Of Travancore Pune Pune Maharashtra

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MICR Code	411009002
Bank	State Bank Of Travancore
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pune Deccan Gymkhana
Contact
Bank Details	State Bank Of Travancore Pune Deccan Gymkhana SBTR0000550

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411004
Country	IN
Address	P.b.no.872, 1248a, asmani plaza, deccan gymkhana p.o., pune, maharashtra, pin-411004

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 411009002 for Pune Deccan Gymkhana 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 411009002 of Sbt Bank, Pune Deccan Gymkhana branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Pune Deccan Gymkhana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of Travancore are available with micr code -

>>Hadapsar >>Pune Deccan Gymkhana

MICR code for State Bank Of Travancore Pune Deccan Gymkhana

State Bank Of Travancore MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sbt Bank MICR code for Pune Deccan Gymkhana 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. 411009002 is the MICR code of Travancore Bank for Pune Deccan Gymkhana branch. MICR code for Pune Deccan Gymkhana 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 Sbt Bank Pune Deccan Gymkhana is presented in the table alongside.

Use of Sbt Bank MICR code for Pune Deccan Gymkhana branch in pune

The MICR code 411009002 is used in RBI cheque clearing process to identify the branch Pune Deccan Gymkhana and Sbt 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 Travancore Bank is typically in either of these two font’s: E-138 and CMC-7.

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