The Satara District Central Co-Operative Bank Ltd Phaltan Satara Maharashtra MICR CODE

Find MICR Codes for The Satara District Central Co-Operative Bank Ltd Phaltan Satara Maharashtra

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MICR Code
Bank The Satara District Central Co-operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Myphaltan
Contact 415523-2166222486
Bank Details The Satara District Central Co-operative Bank Ltd Myphaltan SDCE0001049
Location Phaltan, Satara
City Phaltan
District Satara
State Maharashtra
Pincode
Country IN
Address Tal-phaltan,dist-satara
MICR Code
Bank The Satara District Central Co-operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Knpcphaltan
Contact 415523-2166222137
Bank Details The Satara District Central Co-operative Bank Ltd Knpcphaltan SDCE0001077
Location Phaltan, Satara
City Phaltan
District Satara
State Maharashtra
Pincode
Country IN
Address Tal-phaltan,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.

Search The Satara District Central Co-Operative Bank Ltd MICR Codes in satara

You can search through MICR Codes of Maharashtra branches in phaltan of District satara in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of The Satara District Central Co-operative Bank Ltd are available with micr code -

>>Knpcphaltan >>Myphaltan

How to find MICR codes for The Satara District Central Co-Operative Bank Ltd in phaltan?

The Satara District Central Co-Operative Bank Ltd phaltan MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From The Satara District Central Co-Operative Bank Ltd MICR codes list for phaltan, one can further search by branch name specified in the table. You can find MICR codes for all The Satara District Central Co-Operative Bank Ltd phaltan branches.

The Satara District Central Co-Operative Bank Ltd MICR code in phaltan

The Satara District Central Co-Operative Bank Ltd MICR code is a character recognition technology used by banks in the processing of cheques. The Satara District Central Co-Operative Bank Ltd MICR code for phaltan branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for The Satara District Central Co-Operative Bank Ltd branches in phaltan, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does The Satara District Central Co-Operative Bank Ltd MICR code for phaltan branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a The Satara District Central Co-Operative Bank Ltd phaltan branch, sprinted 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. Thus MICR code for The Satara District Central Co-Operative Bank Ltd phaltan branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of The Satara District Central Co-Operative Bank Ltd MICR codes for phaltan branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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