The Muslim Co-Operative Bank Ltd Pune Pune Maharashtra MICR CODE

Find MICR Codes for The Muslim Co-Operative Bank Ltd Pune Pune Maharashtra

MICR Code
Bank The Muslim Co-operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baramati
Contact
Bank Details The Muslim Co-operative Bank Ltd Baramati MSLM0000006
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode
Country IN
Address Cinema road,baramati,dist-pune
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 Baramati 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 Muslim Co Operative Bank Ltd, Baramati branch makes the system almost error free and faster. Use of Muslim Co Operative Bank Ltd MICR codes for Baramati branch, makes the characters readable even if there are other marks and stamps on it.

A total of 20 branches of The Muslim Co-operative Bank Ltd are available with micr code -

>>Azam Campus >>Baramati >>Camp >>Chikhali >>Hadapsar >>Junnar >>Kharadi >>Kirkee >>Kondhwa >>Ladies >>Lonavla >>Mominpura >>P S Road >>Pimpri >>Raviwarpeth >>Rtgsho >>Service Center >>Somwar Peth >>Wanwadi >>Yerwada

MICR code for The Muslim Co-Operative Bank Ltd Baramati

The Muslim Co-Operative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Muslim Co Operative Bank Ltd MICR code for Baramati 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 The Muslim Co-Operative Bank Ltd for Baramati branch. MICR code for Baramati 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 Muslim Co Operative Bank Ltd Baramati is presented in the table alongside.

Use of Muslim Co Operative Bank Ltd MICR code for Baramati branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch Baramati and Muslim Co Operative Bank Ltd 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 The Muslim Co-Operative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.

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