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Rajgurunagar Bank Rajgurunagar Pune Maharashtra MICR CODE

Find MICR Codes for Rajgurunagar Bank Rajgurunagar Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	411164302
Bank	Rajgurunagar Sahkari Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Tilak Chowk
Contact	Mr. Pradip Sarada
Bank Details	Rajgurunagar Sahkari Bank Ltd Tilak Chowk RSBL0000002

Location	Rajgurunagar, Pune
City	Rajgurunagar
District	Pune
State	Maharashtra
Pincode	410505
Country	IN
Address	Shastri chowk, rajgurunagar, taluka-khed, district-pune, 410505

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 411164302 for Tilak Chowk 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 411164302 of Rajgurunagar Sahkari Bank, Tilak Chowk branch makes the system almost error free and faster. Use of Rajgurunagar Sahkari Bank MICR codes for Tilak Chowk branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Rajgurunagar Sahkari Bank Ltd are available with micr code -

>>Bajar Peth >>Head Office >>Head Office >>Kadus >>Tilak Chowk

MICR code for Rajgurunagar Bank Tilak Chowk

Rajgurunagar Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajgurunagar Sahkari Bank MICR code for Tilak Chowk 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. 411164302 is the MICR code of Rajgurunagar Bank for Tilak Chowk branch. MICR code for Tilak Chowk 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 Rajgurunagar Sahkari Bank Tilak Chowk is presented in the table alongside.

Use of Rajgurunagar Sahkari Bank MICR code for Tilak Chowk branch in rajgurunagar

The MICR code 411164302 is used in RBI cheque clearing process to identify the branch Tilak Chowk and Rajgurunagar Sahkari 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 Rajgurunagar Bank is typically in either of these two font’s: E-138 and CMC-7.