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Punjab And Maharashtra Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank Nashik Nashik Maharashtra

MICR Code
Bank Punjab And Maharashtra Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Canada Corner
Contact 0253-6577018/19
Bank Details Punjab And Maharashtra Co-Op Bank Ltd Canada Corner PMCB0000252
Location Nashik, Nashik
City Nashik
District Nashik
State Maharashtra
Pincode 422005
Country IN
Address Shop no.15 to 18, goolmohar arcade, opp. Kulkarni garden, canada corner, sharanpur road, nashik 422005
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 nashik

You can search through MICR Codes of Maharashtra branches in nashik of District nashik 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 -

>>Canada Corner

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

Punjab And Maharashtra Bank nashik 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 nashik, one can further search by branch name specified in the table. You can find MICR codes for all Punjab And Maharashtra Bank nashik branches.

Punjab Maharashtra Bank MICR code in nashik

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 nashik 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 nashik, 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 nashik 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 nashik 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 nashik branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Punjab And Maharashtra Coop Bank MICR codes for nashik branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!