Let Others Know
×
LinkedIn
Email
WhatsApp

Pusad Urban Cooperative Bank Ltd Vasmat Hingoli Maharashtra MICR CODE

Find MICR Codes for Pusad Urban Cooperative Bank Ltd Vasmat Hingoli Maharashtra

MICR Code
Bank Pusad Urban Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasmat
Contact
Bank Details Pusad Urban Cooperative Bank Ltd Vasmat PUSD0000018
Location Vasmat, Hingoli
City Vasmat
District Hingoli
State Maharashtra
Pincode 431512
Country IN
Address Manmohanji baheti building,mondha corner,vasmat -431512
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 Vasmat 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 , Vasmat branch makes the system almost error free and faster. Use of Pusad Urban Bank MICR codes for Vasmat 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 -

>>Vasmat

MICR code for Pusad Urban Cooperative Bank Ltd Vasmat

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 Vasmat 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 Vasmat branch. MICR code for Vasmat 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 Vasmat is presented in the table alongside.

Use of Pusad Urban Bank MICR code for Vasmat branch in vasmat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vasmat 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.