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Karnataka State Cooperative Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Karnataka State Cooperative Bank Pune Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	411367004
Bank	Karnataka State Co-Op Apex Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhosari
Contact	020-27110086,Avbele@kalyanjanata.In
Bank Details	Karnataka State Co-Op Apex Bank Ltd Bhosari KJSB0000212

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411039
Country	IN
Address	Ground floor, sadashiv palace, 681/1,, gavhane industrial estate,lande wadi, bhosari, pune-411039

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 411367004 for Bhosari 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 411367004 of Karnataka State Coop Bank, Bhosari branch makes the system almost error free and faster. Use of Karnataka State Coop Bank MICR codes for Bhosari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karnataka State Co-Op Apex Bank Ltd are available with micr code -

>>Bhosari

MICR code for Karnataka State Cooperative Bank Bhosari

Karnataka State Cooperative Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karnataka State Coop Bank MICR code for Bhosari 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. 411367004 is the MICR code of Karnataka Apex Bank for Bhosari branch. MICR code for Bhosari 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 Karnataka State Coop Bank Bhosari is presented in the table alongside.

Use of Karnataka State Coop Bank MICR code for Bhosari branch in pune

The MICR code 411367004 is used in RBI cheque clearing process to identify the branch Bhosari and Karnataka State Coop 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 Karnataka Apex Bank is typically in either of these two font’s: E-138 and CMC-7.