Let Others Know
×
LinkedIn
Email
WhatsApp

Cosmos Bank Pashan Pune Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Pashan Pune Maharashtra

MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pashan
Contact Mrs. Gayatri Anand, Manager, Ph.020-25899520
Bank Details Cosmos Co-Op Bank Ltd Pashan COSB0000044
Location Pashan, Pune
City Pashan
District Pune
State Maharashtra
Pincode 411021
Country IN
Address Sai trinity, near garware fountain, suratwadi, sus road corner, pashan , pune – 411021
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 Cosmos Bank MICR Codes in pune

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

A total of 1 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Pashan

How to find MICR codes for Cosmos Bank in pashan?

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

Cosmos Cooperative Bank MICR code in pashan

Cosmos Bank MICR code is a character recognition technology used by banks in the processing of cheques. Cosmos Cooperative Bank MICR code for pashan 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 Cosmos Bank branches in pashan, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Cosmos Bank MICR code for pashan 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 Cosmos Bank pashan 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 Cosmos Cooperative Bank pashan branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Cosmos Bank MICR codes for pashan branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!