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Pusad Urban Cooperative Bank Ltd Nanded Nanded Maharashtra MICR CODE

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

MICR Code
Bank Pusad Urban Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nanded
Contact
Bank Details Pusad Urban Cooperative Bank Ltd Nanded PUSD0000017
Location Nanded, Nanded
City Nanded
District Nanded
State Maharashtra
Pincode 431601
Country IN
Address Tarasing market guru govindsingh marag nanded -431601
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 nanded

You can search through MICR Codes of Maharashtra branches in nanded of District nanded 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 2 cities-

>>Degloor >>Nanded

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

Pusad Urban Cooperative Bank Ltd nanded 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 nanded, one can further search by branch name specified in the table. You can find MICR codes for all Pusad Urban Cooperative Bank Ltd nanded branches.

Pusad Urban Bank MICR code in nanded

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