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Vishweshwar Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Vishweshwar Bank Pune Pune Maharashtra

MICR Code
Bank The Vishweshwar Sahakari Bank Ltd Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Budhawar Peth
Contact 9881909713
Bank Details The Vishweshwar Sahakari Bank Ltd Pune Budhawar Peth VSBL0000013
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411002
Country IN
Address 680, budhwar peth,opp jogeshwari mandir,appa balwant chowk,pune 411 002
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 411335013 for Budhawar Peth 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 411335013 of Vishweshwar Sahakari Bank, Budhawar Peth branch makes the system almost error free and faster. Use of Vishweshwar Sahakari Bank MICR codes for Budhawar Peth branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vishweshwar Bank Budhawar Peth

Vishweshwar Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Vishweshwar Sahakari Bank MICR code for Budhawar Peth 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. 411335013 is the MICR code of Vishweshwar Bank for Budhawar Peth branch. MICR code for Budhawar Peth 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 Vishweshwar Sahakari Bank Budhawar Peth is presented in the table alongside.

Use of Vishweshwar Sahakari Bank MICR code for Budhawar Peth branch in pune

The MICR code 411335013 is used in RBI cheque clearing process to identify the branch Budhawar Peth and Vishweshwar Sahakari 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 Vishweshwar Bank is typically in either of these two font’s: E-138 and CMC-7.