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Pusad Urban Cooperative Bank Ltd Karanja Lad Washim Maharashtra MICR CODE

Find MICR Codes for Pusad Urban Cooperative Bank Ltd Karanja Lad Washim Maharashtra

MICR Code
Bank Pusad Urban Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karanja Lad
Contact
Bank Details Pusad Urban Cooperative Bank Ltd Karanja Lad PUSD0000027
Location Karanja Lad, Washim
City Karanja Lad
District Washim
State Maharashtra
Pincode 444105
Country IN
Address Punjani complex,shop no.9,main road,karanja lad,dist.- washim,pin no -444 105
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.

How does MICR code 0 for Karanja Lad branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Pusad Urban Bank , Karanja Lad branch makes the system almost error free and faster. Use of Pusad Urban Bank MICR codes for Karanja Lad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Pusad Urban Cooperative Bank Ltd are available with micr code -

>>Karanja Lad

MICR code for Pusad Urban Cooperative Bank Ltd Karanja Lad

Pusad Urban Cooperative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Pusad Urban Bank MICR code for Karanja Lad is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Pusad Urban Cooperative Bank Ltd for Karanja Lad branch. MICR code for Karanja Lad branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Pusad Urban Bank Karanja Lad is presented in the table alongside.

Use of Pusad Urban Bank MICR code for Karanja Lad branch in karanja lad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Karanja Lad and Pusad Urban Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of Pusad Urban Cooperative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.