Thane Bharat Sahakari Bank Raigad Pen Maharashtra MICR CODE

Find MICR Codes for Thane Bharat Sahakari Bank Raigad Pen Maharashtra

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MICR Code	402525051
Bank	Thane Bharat Sahakari Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pen
Contact	2143-252186
Bank Details	Thane Bharat Sahakari Bank Ltd Pen TBSB0000025

Location	Raigad, Pen
City	Raigad
District	Pen
State	Maharashtra
Pincode	402107
Country	IN
Address	Rameshwar vaibhav, cts no 1574, opp sun city building, pen khopoli road, pin code 402107

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 402525051 for Pen 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 402525051 of Bharat Sahakari Bank, Pen branch makes the system almost error free and faster. Use of Bharat Sahakari Bank MICR codes for Pen branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Thane Bharat Sahakari Bank Ltd are available with micr code -

>>Pen

MICR code for Thane Bharat Sahakari Bank Pen

Thane Bharat Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bharat Sahakari Bank MICR code for Pen 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. 402525051 is the MICR code of Thane Bharat Sahakari Bank for Pen branch. MICR code for Pen 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 Bharat Sahakari Bank Pen is presented in the table alongside.

Use of Bharat Sahakari Bank MICR code for Pen branch in raigad

The MICR code 402525051 is used in RBI cheque clearing process to identify the branch Pen and Bharat Sahakari 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 Thane Bharat Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.

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