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Cosmos Bank Kasba Raviwar Pune Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Kasba Raviwar Pune Maharashtra

MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kasba Raviwar
Contact Mr. Hejib Jayant, Manager, Ph.020-24450882
Bank Details Cosmos Co-Op Bank Ltd Kasba Raviwar COSB0000015
Location Kasba Raviwar, Pune
City Kasba Raviwar
District Pune
State Maharashtra
Pincode 411002
Country IN
Address Savatamali bhavan, ganesh road, opp. Ursekar hospital pune 411002
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.

Search Cosmos Bank MICR Codes in pune

You can search through MICR Codes of Maharashtra branches in kasba raviwar of District pune in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Kasba Raviwar

How to find MICR codes for Cosmos Bank in kasba raviwar?

Cosmos Bank kasba raviwar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Cosmos Cooperative Bank MICR codes list for kasba raviwar, one can further search by branch name specified in the table. You can find MICR codes for all Cosmos Bank kasba raviwar branches.

Cosmos Cooperative Bank MICR code in kasba raviwar

Cosmos Bank MICR code is a character recognition technology used by banks in the processing of cheques. Cosmos Cooperative Bank MICR code for kasba raviwar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Cosmos Bank branches in kasba raviwar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Cosmos Bank MICR code for kasba raviwar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Cosmos Bank kasba raviwar branch, sprinted 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. Thus MICR code for Cosmos Cooperative Bank kasba raviwar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Cosmos Bank MICR codes for kasba raviwar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!