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Shahu Bank Beed Beed Maharashtra MICR CODE

Find MICR Codes for Shahu Bank Beed Beed Maharashtra

MICR Code
Bank Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ho
Contact 9422240542 : Contact Person:Mr Chandanshiv B.N.-Ceo 2442222154,2442226064
Bank Details Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd Ho CRUB0000001
Location Beed, Beed
City Beed
District Beed
State Maharashtra
Pincode 431122
Country IN
Address Janadhar bhavan, jalna road, beed, dist. Beed.state:maharashtra-431122
MICR Code
Bank Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Main
Contact 9422240592 : Contact Person:Mr Thorat V.D.-Bm 2442224206
Bank Details Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd Main CRUB0000002
Location Beed, Beed
City Beed
District Beed
State Maharashtra
Pincode 431122
Country IN
Address Janadhar bhavan, jalna road, beed,dist. Beed.state:maharashtra-431122
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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.

Search Shahu Bank MICR Codes in beed

You can search through MICR Codes of Maharashtra branches in beed of District beed in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 7 branches of Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd are available with micr code -

>>Canal Road Beed >>Gramsevak Colony Beed >>Head Office >>Ho >>Main >>Market Yard >>Nagar Road

How to find MICR codes for Shahu Bank in beed?

Shahu Bank beed MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Rajarshi Shahu Bank MICR codes list for beed, one can further search by branch name specified in the table. You can find MICR codes for all Shahu Bank beed branches.

Rajarshi Shahu Bank MICR code in beed

Shahu Bank MICR code is a character recognition technology used by banks in the processing of cheques. Rajarshi Shahu Bank MICR code for beed branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Chhatrapati Rajarshi Shahu Bank branches in beed, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Chhatrapati Rajarshi Shahu Bank MICR code for beed branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Shahu Bank beed branch, sprinted 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. Thus MICR code for Rajarshi Shahu Bank beed branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Chhatrapati Rajarshi Shahu Bank MICR codes for beed branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!