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Standard Chartered Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Standard Chartered Bank Pune Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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	Aundh
Contact	20-9820278185
Bank Details	Standard Chartered Bank Aundh SCBL0036107

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411007
Country	IN
Address	Rb business centre, survey no. 187, plot no. 2, sanghavi nagar, aundh, pune, mh - 411007

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 0 for Aundh 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 0 of SCB, Aundh branch makes the system almost error free and faster. Use of SCB MICR codes for Aundh 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 Aundh

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 Aundh 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. 0 is the MICR code of Standard Chartered Bank for Aundh branch. MICR code for Aundh 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 Aundh is presented in the table alongside.

Use of SCB MICR code for Aundh branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch Aundh 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.