MICR Code Bank
Find MICR code for Rajaram Bapu Sahakari Bank branches in India for NEFT and RTGS transfer

Rajaram Bapu Sahakari Bank MICR CODE

Find MICR Codes for Rajaram Bapu Sahakari Bank

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  1. Rajaram Bapu Sahakari Bank Limited »
  2. Maharashtra »
  3. kolhapur »
  4. peth vadgaon »
  5. peth vadgaon

Find MICR Codes for Rajaram Bapu Sahakari Bank

MICR Code: 416584006
Bank: Rajaram Bapu Sahakari Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Peth Vadgaon
Contact: 2472858
Bank Details: Rajaram Bapu Sahakari Bank Limited Peth Vadgaon RRBP0000043
Location: Peth Vadgaon, Kolhapur
City: Peth Vadgaon
District: Kolhapur
State: Maharashtra
Pincode: 416112
Country: IN
Address: Bavdekar complex, peth vadgaon, tal - hatkanagle, dist-kolhapur-416112

How does MICR code for 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 of Rajaram Bapu Bank, branch makes the system almost error free and faster. Use of Rajaram Bapu Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Rajaram Bapu Sahakari Bank Limited are available with micr code

>>Peth Vadgaon

MICR code for Rajaram Bapu Sahakari Bank

Rajaram Bapu Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajaram Bapu Bank MICR code for 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. is the MICR code of Rajaram Bapu Sahakari Bank for branch. MICR code for 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 Rajaram Bapu Bank is presented in the table alongside.

Use of Rajaram Bapu Bank MICR code for branch in peth vadgaon

The MICR code is used in RBI cheque clearing process to identify the branch and Rajaram Bapu 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 Rajaram Bapu Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.