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Satara Sahakari Bank Ltd Satara Satara Maharashtra MICR CODE

Find MICR Codes for Satara Sahakari Bank Ltd Satara Satara Maharashtra

MICR Code
Bank Satara Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satara
Contact
Bank Details Satara Sahakari Bank Ltd Satara TSSB0000017
Location Satara, Satara
City Satara
District Satara
State Maharashtra
Pincode
Country IN
Address 1st floor,kasat market,cts no.180/181a,raviwar peth,powai naka,satara
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 satara

You can search through MICR Codes of Maharashtra branches in satara of District satara 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-

>>Karad >>Satara

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

Satara Sahakari Bank Ltd satara 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 satara, one can further search by branch name specified in the table. You can find MICR codes for all Satara Sahakari Bank Ltd satara branches.

The Satara Sahakari Bank Ltd MICR code in satara

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