Citizen Credit Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Citizen Credit Bank Pune Pune Maharashtra

MICR Code
Bank Citizencredit Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fatima Nagar Branch
Contact 020-26860328 Fax 020-26860327
Bank Details Citizencredit Co-Op Bank Ltd Fatima Nagar Branch CCBL0PUN003
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411040
Country IN
Address Shop no.11,gr.floor,bldg'c',ctp tain square,fatima nagar,pune-411040
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 411209003 for Fatima Nagar Branch 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 411209003 of Citizen Cooperartive Bank, Fatima Nagar Branch branch makes the system almost error free and faster. Use of Citizen Cooperartive Bank MICR codes for Fatima Nagar Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Citizencredit Co-Op Bank Ltd are available with micr code -

>>Camp Branch >>Fatima Nagar Branch >>Nani Daman

MICR code for Citizen Credit Bank Fatima Nagar Branch

Citizen Credit Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Citizen Cooperartive Bank MICR code for Fatima Nagar Branch 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. 411209003 is the MICR code of Citizen Credit Co-Op Bank for Fatima Nagar Branch branch. MICR code for Fatima Nagar Branch 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 Citizen Cooperartive Bank Fatima Nagar Branch is presented in the table alongside.

Use of Citizen Cooperartive Bank MICR code for Fatima Nagar Branch branch in pune

The MICR code 411209003 is used in RBI cheque clearing process to identify the branch Fatima Nagar Branch and Citizen Cooperartive 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 Citizen Credit Co-Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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