Vishweshwar Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Vishweshwar Bank Pune Pune Maharashtra

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MICR Code
Bank The Vishweshwar Sahakari Bank Ltd Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chakan
Contact 9881909719
Bank Details The Vishweshwar Sahakari Bank Ltd Pune Chakan VSBL0000019
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 410501
Country IN
Address Hotel savera compound, talegoan chowk, pune nasik road, chakan, tal. Khed, dist pune 410 501
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 411335017 for Chakan 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 411335017 of Vishweshwar Sahakari Bank, Chakan branch makes the system almost error free and faster. Use of Vishweshwar Sahakari Bank MICR codes for Chakan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vishweshwar Bank Chakan

Vishweshwar Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Vishweshwar Sahakari Bank MICR code for Chakan 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. 411335017 is the MICR code of Vishweshwar Bank for Chakan branch. MICR code for Chakan 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 Vishweshwar Sahakari Bank Chakan is presented in the table alongside.

Use of Vishweshwar Sahakari Bank MICR code for Chakan branch in pune

The MICR code 411335017 is used in RBI cheque clearing process to identify the branch Chakan and Vishweshwar Sahakari 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 Vishweshwar Bank is typically in either of these two font’s: E-138 and CMC-7.

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