Cosmos Bank Kothrud Pune Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Kothrud Pune Maharashtra

MICR Code: 411164006
Bank: Cosmos Co-Op Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Kothrud
Contact: Mrs. Khandke Rashmi, Manager, Ph.020-25462978 Fax.25410678
Bank Details: Cosmos Co-Op Bank Ltd Kothrud COSB0000004
Location: Kothrud, Pune
City: Kothrud
District: Pune
State: Maharashtra
Pincode: 411029
Country: IN
Address: 128/2, Swaroop Nagari, Kothrud, Pune 411 029
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 kothrud of District pune in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

Cosmos Co-Op Bank Ltd branches with micr codes are available in 23 cities-

>>Ajmera >>Alandi >>Aundh Gaon >>Aundh Sanewadi >>Baramati >>Chakan >>Chinchwad >>Deccan Gymkhana >>Ganesh Nagar >>Gokhale Nagar >>Kasba Raviwar >>Katraj >>Khadki Bazar >>Koregaon Park >>Kothrud >>Laxmi Road >>Parvati Darshan >>Pashan >>Paud Road >>Pimpri >>Pune >>Vithalwadi >>Warje

How to find MICR codes for Cosmos Bank in kothrud?

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

Cosmos Bank MICR code in kothrud

Cosmos Bank MICR code is a character recognition technology used by banks in the processing of cheques. Cosmos Bank MICR code for kothrud 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 Cooperative Bank branches in kothrud, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Cosmos Cooperative Bank MICR code for kothrud 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 kothrud 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 Bank kothrud branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Cosmos Cooperative Bank MICR codes for kothrud branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!