MICR Code Bank
Find MICR code for Baramati Bank branches in India for NEFT and RTGS transfer

Baramati Bank MICR CODE

Find MICR Codes for Baramati Bank

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  1. The Baramati Sahakari Bank Limited »
  2. Maharashtra »
  3. pune »
  4. pune »
  5. kondhawa

Find MICR Codes for Baramati Bank

MICR Code: 411606014
Bank: The Baramati Sahakari Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Kondhawa
Contact: 9922911370
Bank Details: The Baramati Sahakari Bank Limited Kondhawa BARA0000035
Location: Pune, Pune
City: Pune
District: Pune
State: Maharashtra
Pincode:
Country: IN
Address: C.s.no. 12/2/4/2, shiv complex, kondhva bk. Pune 48

How does MICR code for 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 of Baramati Sahakari Bank, branch makes the system almost error free and faster. Use of Baramati Sahakari Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of The Baramati Sahakari Bank Limited are available with micr code

>>Bhosari >>Chakan >>Chinchwad >>Dhankawadi >>Hadapsar >>Hinjewadi >>Kondhawa >>Kothrud >>Laxmi Road >>Navi Sangvi >>Pune Nagar Road >>Rtgsho >>Shirur >>Sinhgad Road >>Talegaon

MICR code for Baramati Bank

Baramati Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Baramati Sahakari Bank MICR code for 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. is the MICR code of Baramati Bank Limitrd for branch. MICR code for 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 Baramati Sahakari Bank is presented in the table alongside.

Use of Baramati Sahakari Bank MICR code for branch in pune

The MICR code is used in RBI cheque clearing process to identify the branch and Baramati Sahakari 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 Baramati Bank Limitrd is typically in either of these two font’s: E-138 and CMC-7.