Co-Operative Bank Of Rajkot Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Co-Operative Bank Of Rajkot Vadodara Vadodara Gujarat

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MICR Code	-NA-
Bank	The Co-Operative Bank of Rajkot Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dandiabazar
Contact	265-2439172
Bank Details	The Co-Operative Bank of Rajkot Ltd Dandiabazar TCBR0000127

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390001
Country	IN
Address	Dandia bazar main road,lakdi pool vadodara 390001

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

A total of 3 branches of The Co-Operative Bank of Rajkot Ltd are available with micr code -

>>Alkapuri >>Dandiabazar >>Makarpura

MICR code for Co-Operative Bank Of Rajkot Dandiabazar

Co-Operative Bank Of Rajkot MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bank Rajkot MICR code for Dandiabazar 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 Co-Operative Bank Of Rajkot for Dandiabazar branch. MICR code for Dandiabazar 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 Bank Rajkot Dandiabazar is presented in the table alongside.

Use of Bank Rajkot MICR code for Dandiabazar branch in vadodara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dandiabazar and Bank Rajkot 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 Co-Operative Bank Of Rajkot is typically in either of these two font’s: E-138 and CMC-7.

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