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

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

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MICR Code	-NA-
Bank	The Muslim Co-operative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Market Yard
Contact	20-24260036
Bank Details	The Muslim Co-operative Bank Ltd Market Yard MSLM0000030

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411037
Country	IN
Address	Shree chhatrapati shivaji market yard in between shop no 16 and staircase of office of apmc market yard central building entrance market yard pune 411037

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 Market Yard 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, Market Yard branch makes the system almost error free and faster. Use of Muslim Co Operative Bank Ltd MICR codes for Market Yard branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 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 >>Market Yard >>Mominpura >>P S Road >>Pimpri >>Raviwarpeth >>Rtgsho >>Service Center >>Somwar Peth >>Wanwadi >>Yerwada

MICR code for The Muslim Co-Operative Bank Ltd Market Yard

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 Market Yard 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 Market Yard branch. MICR code for Market Yard 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 Market Yard is presented in the table alongside.

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

The MICR code 0 is used in RBI cheque clearing process to identify the branch Market Yard 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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