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Punjab And Maharashtra Bank Nallasopara Thane Maharashtra MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank Nallasopara 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 Nallasopara
Contact 9833531553 / 9223682557
Bank Details Punjab And Maharashtra Co-Op Bank Ltd Nallasopara PMCB0000024
Location Nallasopara, Thane
City Nallasopara
District Thane
State Maharashtra
Pincode 401209
Country IN
Address Shop no.1 to 4, new neil aangan co-op hsg society ltd., central park, nallasopara-east, dist. Thane- 401209
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.

Search Punjab And Maharashtra Bank MICR Codes in thane

You can search through MICR Codes of Maharashtra branches in nallasopara of District thane in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Punjab And Maharashtra Co-Op Bank Ltd are available with micr code -

>>Nallasopara

How to find MICR codes for Punjab And Maharashtra Bank in nallasopara?

Punjab And Maharashtra Bank nallasopara MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab Maharashtra Bank MICR codes list for nallasopara, one can further search by branch name specified in the table. You can find MICR codes for all Punjab And Maharashtra Bank nallasopara branches.

Punjab Maharashtra Bank MICR code in nallasopara

Punjab And Maharashtra Bank MICR code is a character recognition technology used by banks in the processing of cheques. Punjab Maharashtra Bank MICR code for nallasopara branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Punjab And Maharashtra Coop Bank branches in nallasopara, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Punjab And Maharashtra Coop Bank MICR code for nallasopara branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Punjab And Maharashtra Bank nallasopara branch, sprinted 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. Thus MICR code for Punjab Maharashtra Bank nallasopara branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Punjab And Maharashtra Coop Bank MICR codes for nallasopara branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!