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Pandharpur Bank Barshi Solapur Maharashtra MICR CODE

Find MICR Codes for Pandharpur Bank Barshi Solapur Maharashtra

MICR Code
Bank The Pandharpur Urban Coop Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barshi
Contact 222591
Bank Details The Pandharpur Urban Coop Bank Ltd Barshi PUCB0000005
Location Barshi, Solapur
City Barshi
District Solapur
State Maharashtra
Pincode 413401
Country IN
Address 3412,ainapure maruti road,barshi,413401
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 Barshi 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 Pandharpur Urban Bank, Barshi branch makes the system almost error free and faster. Use of Pandharpur Urban Bank MICR codes for Barshi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Pandharpur Urban Coop Bank Ltd are available with micr code -

>>Barshi

MICR code for Pandharpur Bank Barshi

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

Use of Pandharpur Urban Bank MICR code for Barshi branch in barshi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Barshi and Pandharpur Urban 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 Pandharpur Urban Coop Bank is typically in either of these two font’s: E-138 and CMC-7.