MICR Code Bank
Find MICR code for Woori Bank branches in India for NEFT and RTGS transfer

Woori Bank MICR CODE

Find MICR Codes for Woori Bank

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  1. Woori Bank »
  2. Maharashtra »
  3. pune »
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  5. pune

Find MICR Codes for Woori Bank

MICR Code: -NA-
Bank: Woori Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Pune
Contact: 0
Bank Details: Woori Bank Pune HVBK0000004
Location: Pune, Pune
City: Pune
District: Pune
State: Maharashtra
Pincode: 411014
Country: IN
Address: Unit no. E-10 & e-20, ground floor, core e of the commercial complex, solitaire business hub, viman nagar, pune, maharashtra, 411014

How does MICR code for 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 of Woori Bank, branch makes the system almost error free and faster. Use of Woori Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Woori Bank are available with micr code

>>Pune

MICR code for Woori Bank

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

Use of Woori Bank MICR code for branch in pune

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