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 Paud Road
Contact 9881909707
Bank Details The Vishweshwar Sahakari Bank Ltd Pune Paud Road VSBL0000007
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411029
Country IN
Address Unnatti bunglow, lokmanya colony, near kinara hotel, paud road,kothkrud, pune 411 029
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 411335008 for Paud Road 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 411335008 of Vishweshwar Sahakari Bank, Paud Road branch makes the system almost error free and faster. Use of Vishweshwar Sahakari Bank MICR codes for Paud Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vishweshwar Bank Paud Road

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 Paud Road 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. 411335008 is the MICR code of Vishweshwar Bank for Paud Road branch. MICR code for Paud Road 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 Paud Road is presented in the table alongside.

Use of Vishweshwar Sahakari Bank MICR code for Paud Road branch in pune

The MICR code 411335008 is used in RBI cheque clearing process to identify the branch Paud Road 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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