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Pusad Urban Cooperative Bank Ltd Akola Akola Maharashtra MICR CODE

Find MICR Codes for Pusad Urban Cooperative Bank Ltd Akola Akola Maharashtra

MICR Code
Bank Pusad Urban Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Akola
Contact
Bank Details Pusad Urban Cooperative Bank Ltd Akola PUSD0000030
Location Akola, Akola
City Akola
District Akola
State Maharashtra
Pincode 444001
Country IN
Address Jalaram sankul,front of student gallary,nekles road,ratanlal plot,akola,ta.dist.akola,pin no -444 001
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 Pusad Urban Cooperative Bank Ltd MICR Codes in akola

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

Pusad Urban Cooperative Bank Ltd branches with micr codes are available in 1 cities-

>>Akola

How to find MICR codes for Pusad Urban Cooperative Bank Ltd in akola?

Pusad Urban Cooperative Bank Ltd akola MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Pusad Urban Bank MICR codes list for akola, one can further search by branch name specified in the table. You can find MICR codes for all Pusad Urban Cooperative Bank Ltd akola branches.

Pusad Urban Bank MICR code in akola

Pusad Urban Cooperative Bank Ltd MICR code is a character recognition technology used by banks in the processing of cheques. Pusad Urban Bank MICR code for akola 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 Pusad Urban Cooperative Bank Ltd branches in akola, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Pusad Urban Cooperative Bank Ltd MICR code for akola 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 Pusad Urban Cooperative Bank Ltd akola 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 Pusad Urban Bank akola branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Pusad Urban Cooperative Bank Ltd MICR codes for akola branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!