Let Others Know
×
LinkedIn
Email
WhatsApp

Punjab And Maharashtra Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank Thane Thane Maharashtra

MICR Code
Bank Punjab And Maharashtra Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Brahmand Society Thane
Contact 022-65224706/07
Bank Details Punjab And Maharashtra Co-Op Bank Ltd Brahmand Society Thane PMCB0000037
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400607
Country IN
Address Shop nos. 5&6, raj residency,brahmand society, off ghodbunder road, thane west 400607
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 400328037 for Brahmand Society Thane 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 400328037 of Punjab Maharashtra Bank, Brahmand Society Thane branch makes the system almost error free and faster. Use of Punjab Maharashtra Bank MICR codes for Brahmand Society Thane branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Punjab And Maharashtra Co-Op Bank Ltd are available with micr code -

>>Ambernath >>Badlapur >>Brahmand Society Thane >>Diva East >>Kalwa >>Kasarvadavali >>Kashi Village Thane >>Kavesar >>Kolshet Road Thane >>Majiwade Thane >>Palghar >>Vasai >>Waghle Estate Thane

MICR code for Punjab And Maharashtra Bank Brahmand Society Thane

Punjab And Maharashtra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab Maharashtra Bank MICR code for Brahmand Society Thane 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. 400328037 is the MICR code of Punjab And Maharashtra Coop Bank for Brahmand Society Thane branch. MICR code for Brahmand Society Thane 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 Punjab Maharashtra Bank Brahmand Society Thane is presented in the table alongside.

Use of Punjab Maharashtra Bank MICR code for Brahmand Society Thane branch in thane

The MICR code 400328037 is used in RBI cheque clearing process to identify the branch Brahmand Society Thane and Punjab Maharashtra 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 Punjab And Maharashtra Coop Bank is typically in either of these two font’s: E-138 and CMC-7.