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Satara Sahakari Bank Ltd Navi Mumbai Raigad Maharashtra MICR CODE

Find MICR Codes for Satara Sahakari Bank Ltd Navi Mumbai Raigad Maharashtra

MICR Code
Bank Satara Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kharghar
Contact
Bank Details Satara Sahakari Bank Ltd Kharghar TSSB0000015
Location Navi Mumbai, Raigad
City Navi Mumbai
District Raigad
State Maharashtra
Pincode
Country IN
Address Nilsiddhi arcade,krupa chs ltd,shop no.2 plot no.e/1-a,sector-12 kharghar
MICR Code
Bank Satara Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panvel
Contact
Bank Details Satara Sahakari Bank Ltd Panvel TSSB0000014
Location Navi Mumbai, Raigad
City Navi Mumbai
District Raigad
State Maharashtra
Pincode
Country IN
Address Kalpataru complex,1st floor,plot no.51,sector-9,khanda colony,navin panvel
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 Satara Sahakari Bank Ltd MICR Codes in raigad

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

Satara Sahakari Bank Ltd branches with micr codes are available in 2 cities-

>>Navi Mumbai >>Thane

How to find MICR codes for Satara Sahakari Bank Ltd in navi mumbai?

Satara Sahakari Bank Ltd navi mumbai MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From The Satara Sahakari Bank Ltd MICR codes list for navi mumbai, one can further search by branch name specified in the table. You can find MICR codes for all Satara Sahakari Bank Ltd navi mumbai branches.

The Satara Sahakari Bank Ltd MICR code in navi mumbai

Satara Sahakari Bank Ltd MICR code is a character recognition technology used by banks in the processing of cheques. The Satara Sahakari Bank Ltd MICR code for navi mumbai 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 Satara Sahakari Bank Ltd branches in navi mumbai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Satara Sahakari Bank Ltd MICR code for navi mumbai 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 Satara Sahakari Bank Ltd navi mumbai 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 The Satara Sahakari Bank Ltd navi mumbai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Satara Sahakari Bank Ltd MICR codes for navi mumbai branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!