Cosmos Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Pune Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Cosmos Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	University Road Shatabdi Bhavan
Contact	Mr.Vaidya Shailendra Shyam, Ph.: 020-20240060, 020-20240062
Bank Details	Cosmos Co-Op Bank Ltd University Road Shatabdi Bhavan COSB0000090

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411007
Country	IN
Address	Plot no.6, i.c.s. Colony,university road, ganeshkhind, pune.411007

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 0 for University Road Shatabdi Bhavan 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 0 of Cosmos Cooperative Bank, University Road Shatabdi Bhavan branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for University Road Shatabdi Bhavan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 25 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Baner >>Bibvewadi Branch >>Dnyana Prabodhini >>Fatimanagar Branch >>Fursungi Fur >>Hadapsar >>Katraj Kondhwa Road Ktj >>Kirloskar Oil Engines Ltd. >>Kondhwa Branch >>Laxmi Road Special Service Cell >>Pashan Branch >>Pavana Industrial Premises Co Op Society Ltd. >>Poona Blind School Extn Counter Kothrud >>Pune Camp >>Punesatara Road Branch >>Rajgurunagar >>Sadashiv Peth Branch >>Sarhad Extension >>Shaniwar Peth Branch >>Shirur >>Sinhgad Road Branch >>Sinhgad Road Vadgaon Bk Branch >>Tilak Road >>University Road Shatabdi Bhavan >>Wagholi

MICR code for Cosmos Bank University Road Shatabdi Bhavan

Cosmos Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Cosmos Cooperative Bank MICR code for University Road Shatabdi Bhavan 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. 0 is the MICR code of Cosmos Bank for University Road Shatabdi Bhavan branch. MICR code for University Road Shatabdi Bhavan 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 Cosmos Cooperative Bank University Road Shatabdi Bhavan is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for University Road Shatabdi Bhavan branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch University Road Shatabdi Bhavan and Cosmos Cooperative 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 Cosmos Bank is typically in either of these two font’s: E-138 and CMC-7.

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