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RBI Pune Pune Maharashtra MICR CODE

Find MICR Codes for RBI Pune Pune Maharashtra

MICR Code
Bank Reserve Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cab Pune
Contact 0
Bank Details Reserve Bank Of India Cab Pune RBIS0PUPA01
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411028
Country IN
Address Ganesh khind road, near esquare
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 RBI MICR Codes in pune

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

Reserve Bank Of India branches with micr codes are available in 1 cities-

>>Pune

How to find MICR codes for RBI in pune?

RBI pune MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Reserve Bank Of India MICR codes list for pune, one can further search by branch name specified in the table. You can find MICR codes for all RBI pune branches.

Reserve Bank Of India MICR code in pune

RBI MICR code is a character recognition technology used by banks in the processing of cheques. Reserve Bank Of India MICR code for pune 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 RBI Bank branches in pune, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

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