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Punjab And Maharashtra Bank Taloja Raigad Maharashtra MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank Taloja 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 Taloja
Contact 9987664949
Bank Details Punjab And Maharashtra Co-Op Bank Ltd Taloja PMCB0000067
Location Taloja, Raigad
City Taloja
District Raigad
State Maharashtra
Pincode 410208
Country IN
Address Shop no 1 2 3 keystone arista plot no 149 sector 10 panchnand nagar taloja navi mumbai dist raigad 410208
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 taloja 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 -

>>Taloja

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

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

Punjab Maharashtra Bank MICR code in taloja

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