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Standard Chartered Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Standard Chartered Bank Pune Pune Maharashtra

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MICR Code	411036003
Bank	Standard Chartered Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	21 Sasun Road Pune
Contact	Raghuveer Bhat
Bank Details	Standard Chartered Bank 21 Sasun Road Pune SCBL0036091

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411001
Country	IN
Address	403 sohrab hall, 21 sasun road, pune 411 001.

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 411036003 for 21 Sasun Road Pune 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 411036003 of SCB, 21 Sasun Road Pune branch makes the system almost error free and faster. Use of SCB MICR codes for 21 Sasun Road Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Standard Chartered Bank are available with micr code -

>>21 Sasun Road Pune >>Aundh >>Pune Branch

MICR code for Standard Chartered Bank 21 Sasun Road Pune

Standard Chartered Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SCB MICR code for 21 Sasun Road Pune 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. 411036003 is the MICR code of Standard Chartered Bank for 21 Sasun Road Pune branch. MICR code for 21 Sasun Road Pune 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 SCB 21 Sasun Road Pune is presented in the table alongside.

Use of SCB MICR code for 21 Sasun Road Pune branch in pune

The MICR code 411036003 is used in RBI cheque clearing process to identify the branch 21 Sasun Road Pune and SCB 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 Standard Chartered Bank is typically in either of these two font’s: E-138 and CMC-7.