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RBS Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for RBS Bank Pune Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	411030001
Bank	Royal Bank Of Scotland
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pune
Contact	+91 20 26139733,Fax: +91-20-26139734
Bank Details	Royal Bank Of Scotland Pune ABNA0100314

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411001
Country	IN
Address	327, mahatma gandhi road, pune camp, pune - 411001

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 411030001 for Pune 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 411030001 of Royal Bank Of Scotland, Pune branch makes the system almost error free and faster. Use of Royal Bank Of Scotland MICR codes for Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Royal Bank Of Scotland are available with micr code -

>>Pune

MICR code for RBS Bank Pune

RBS Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Royal Bank Of Scotland MICR code for Pune 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. 411030001 is the MICR code of Royal Scotland Bank for Pune branch. MICR code for Pune 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 Royal Bank Of Scotland Pune is presented in the table alongside.

Use of Royal Bank Of Scotland MICR code for Pune branch in pune

The MICR code 411030001 is used in RBI cheque clearing process to identify the branch Pune and Royal Bank Of Scotland 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 Royal Scotland Bank is typically in either of these two font’s: E-138 and CMC-7.