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Punjab And Maharashtra Bank Roadpali Raigad Maharashtra MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank Roadpali Raigad Maharashtra

MICR Code
Bank Punjab And Maharashtra Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Roadpali
Contact
Bank Details Punjab And Maharashtra Co-Op Bank Ltd Roadpali PMCB0000039
Location Roadpali, Raigad
City Roadpali
District Raigad
State Maharashtra
Pincode 410218
Country IN
Address Shivam residency, plot no. 6,sector 16, opp d mart roadpali gaon, roadpali navi mumbai- 410218
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 raigad

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

>>Roadpali

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

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

Punjab Maharashtra Bank MICR code in roadpali

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