Baramati Bank Daund Pune Maharashtra MICR CODE

Find MICR Codes for Baramati Bank Daund Pune Maharashtra

MICR Code
Bank The Baramati Sahakari Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Daund
Contact 264959
Bank Details The Baramati Sahakari Bank Limited Daund BARA0000004
Location Daund, Pune
City Daund
District Pune
State Maharashtra
Pincode 413801
Country IN
Address City centre building, sahakar chowk, daund, dist.pune413801
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 Baramati Bank MICR Codes in pune

You can search through MICR Codes of Maharashtra branches in daund 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 The Baramati Sahakari Bank Limited are available with micr code -

>>Daund

How to find MICR codes for Baramati Bank in daund?

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

Baramati Sahakari Bank MICR code in daund

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

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

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