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

Pavana Bank MICR CODE

Find MICR Codes for Pavana Bank

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  1. Pavana Sahakari Bank Limited »
  2. Maharashtra »
  3. pune »
  4. pune »
  5. chimbali phata

Find MICR Codes for Pavana Bank

MICR Code: -NA-
Bank: Pavana Sahakari Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Chimbali Phata
Contact: 20-8237085794
Bank Details: Pavana Sahakari Bank Limited Chimbali Phata PSBL0000010
Location: Pune, Pune
City: Pune
District: Pune
State: Maharashtra
Pincode: 410501
Country: IN
Address: Gat no.93/1a,pune-nasik highway,chimbli phata taluka-khed,pune-410501

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

A total of 23 branches of Pavana Sahakari Bank Limited are available with micr code

>>Akurdi >>Alandi >>Bhosari >>Chikhali >>Chimbali Phata >>Chinchwad >>Dapodi >>Dehugaon >>Induri >>Kalewadi >>Kamshet >>Kasarwadi >>Marunjinere >>Pashan >>Pimpri >>Ravet >>Rtgsho >>Shikrapur >>Somatne Phata >>Spine Road >>Vadgaon Maval >>Wagholi >>Wakad

MICR code for Pavana Bank

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

Use of Pavana Sahakari Bank MICR code for branch in pune

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