The Satara District Central Co-Operative Bank Ltd M.P.M.Wai Satara Maharashtra MICR CODE

Find MICR Codes for The Satara District Central Co-Operative Bank Ltd M.P.M.Wai Satara Maharashtra

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MICR Code	-NA-
Bank	The Satara District Central Co-operative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ext.Pasarani
Contact	0
Bank Details	The Satara District Central Co-operative Bank Ltd Ext.Pasarani SDCE0001316

Location	M.P.M.Wai, Satara
City	M.P.M.Wai
District	Satara
State	Maharashtra
Pincode
Country	IN
Address	Pasarani,tal-wai,dist-satara

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.

The Satara District Central Co-operative Bank Ltd »
Maharashtra »
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M.P.M.Wai »
Ext.Pasarani (0)

How does MICR code 0 for Ext.Pasarani 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 0 of The Satara District Central Co-Operative Bank Ltd, Ext.Pasarani branch makes the system almost error free and faster. Use of The Satara District Central Co-Operative Bank Ltd MICR codes for Ext.Pasarani branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Satara District Central Co-operative Bank Ltd are available with micr code -

>>Ext.Pasarani

MICR code for The Satara District Central Co-Operative Bank Ltd Ext.Pasarani

The Satara District Central Co-Operative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. The Satara District Central Co-Operative Bank Ltd MICR code for Ext.Pasarani 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. 0 is the MICR code of The Satara District Central Co-Operative Bank Ltd for Ext.Pasarani branch. MICR code for Ext.Pasarani 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 The Satara District Central Co-Operative Bank Ltd Ext.Pasarani is presented in the table alongside.

Use of The Satara District Central Co-Operative Bank Ltd MICR code for Ext.Pasarani branch in m.p.m.wai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ext.Pasarani and The Satara District Central Co-Operative Bank Ltd 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 The Satara District Central Co-Operative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.

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