Rajaram Bapu Sahakari Bank Islampur Sangli Maharashtra MICR CODE

Find MICR Codes for Rajaram Bapu Sahakari Bank Islampur Sangli Maharashtra

MICR Code
Bank Rajaram Bapu Sahakari Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rit Rajaramnagar
Contact 9096382220
Bank Details Rajaram Bapu Sahakari Bank Limited Rit Rajaramnagar RRBP0000042
Location Islampur, Sangli
City Islampur
District Sangli
State Maharashtra
Pincode 415414
Country IN
Address Cs no-49, rit college,rajaramnagar
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 415584514 for Rit Rajaramnagar 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 415584514 of Rajaram Bapu Bank, Rit Rajaramnagar branch makes the system almost error free and faster. Use of Rajaram Bapu Bank MICR codes for Rit Rajaramnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Rajaram Bapu Sahakari Bank Limited are available with micr code -

>>Brahmanpuri Islampur >>Kacheri Road Islampur >>Market Yard Islampur >>Rit Rajaramnagar >>Stand Road Islampur

MICR code for Rajaram Bapu Sahakari Bank Rit Rajaramnagar

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 Rit Rajaramnagar 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. 415584514 is the MICR code of Rajaram Bapu Sahakari Bank for Rit Rajaramnagar branch. MICR code for Rit Rajaramnagar 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 Rit Rajaramnagar is presented in the table alongside.

Use of Rajaram Bapu Bank MICR code for Rit Rajaramnagar branch in islampur

The MICR code 415584514 is used in RBI cheque clearing process to identify the branch Rit Rajaramnagar 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.

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