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

Pandharpur Bank MICR CODE

Find MICR Codes for Pandharpur Bank

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  1. The Pandharpur Urban Coop Bank Ltd »
  2. Maharashtra »
  3. satara »
  4. phaltan »
  5. phaltan

Find MICR Codes for Pandharpur Bank

MICR Code: 413588000
Bank: The Pandharpur Urban Coop Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Phaltan
Contact:
Bank Details: The Pandharpur Urban Coop Bank Ltd Phaltan PUCB0000020
Location: Phaltan, Satara
City: Phaltan
District: Satara
State: Maharashtra
Pincode: 415523
Country: IN
Address: Laxminagar near mseb power house phaltan 415523

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

A total of 1 branches of The Pandharpur Urban Coop Bank Ltd are available with micr code

>>Phaltan

MICR code for Pandharpur Bank

Pandharpur Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Pandharpur Urban 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 Pandharpur Urban Coop Bank 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 Pandharpur Urban Bank is presented in the table alongside.

Use of Pandharpur Urban Bank MICR code for branch in phaltan

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