Mahesh Sahakari Bank Limited Pune Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Mahesh Sahakari Bank Limited Pune Nashik Nashik Maharashtra

↻ Reload
MICR Code
Bank Mahesh Sahakari Bank Limited Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pune Nashik Branch
Contact 2532993341
Bank Details Mahesh Sahakari Bank Limited Pune Pune Nashik Branch MSBL0000017
Location Nashik, Nashik
City Nashik
District Nashik
State Maharashtra
Pincode 422009
Country IN
Address Mahesh sahakari bank ltd, pune nashik shop no 6-9, s square business hub, s.no. 324/25, plot no.1/25/26, dnyaneshwar nagar, opp hdfc bank, pathardi phata nashik-422009
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 Pune Nashik 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 0 of Mahesh Sahakari Bank, Pune Nashik Branch branch makes the system almost error free and faster. Use of Mahesh Sahakari Bank MICR codes for Pune Nashik Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Mahesh Sahakari Bank Limited Pune are available with micr code -

>>Pune Nashik Branch

MICR code for Mahesh Sahakari Bank Limited Pune Pune Nashik Branch

Mahesh Sahakari Bank Limited Pune MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Mahesh Sahakari Bank MICR code for Pune Nashik 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. 0 is the MICR code of Mahesh Sahakari Bank Limited Pune for Pune Nashik Branch branch. MICR code for Pune Nashik 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 Mahesh Sahakari Bank Pune Nashik Branch is presented in the table alongside.

Use of Mahesh Sahakari Bank MICR code for Pune Nashik Branch branch in nashik

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pune Nashik Branch and Mahesh 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 Mahesh Sahakari Bank Limited Pune is typically in either of these two font’s: E-138 and CMC-7.

Copied!