Vishweshwar Bank Latur Latur Maharashtra MICR CODE

Find MICR Codes for Vishweshwar Bank Latur Latur 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 Latur Branch
Contact 2382-9881909731
Bank Details The Vishweshwar Sahakari Bank Ltd Pune Latur Branch VSBL0000031
Location Latur, Latur
City Latur
District Latur
State Maharashtra
Pincode 413512
Country IN
Address Plot no 79 a krushi utpann bazar samittee market yard kavha road latur 413512
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 0 for Latur Branch 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 Vishweshwar Sahakari Bank, Latur Branch branch makes the system almost error free and faster. Use of Vishweshwar Sahakari Bank MICR codes for Latur Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Vishweshwar Sahakari Bank Ltd Pune are available with micr code -

>>Latur Branch

MICR code for Vishweshwar Bank Latur Branch

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 Latur Branch 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 Vishweshwar Bank for Latur Branch branch. MICR code for Latur Branch 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 Latur Branch is presented in the table alongside.

Use of Vishweshwar Sahakari Bank MICR code for Latur Branch branch in latur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Latur Branch 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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