Co-Operative Bank Of Rajkot Jamnagar Jamnagar Gujarat MICR CODE

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

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MICR Code
Bank The Co-Operative Bank of Rajkot Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jamnagar
Contact 288-2661622
Bank Details The Co-Operative Bank of Rajkot Ltd Jamnagar TCBR0000115
Location Jamnagar, Jamnagar
City Jamnagar
District Jamnagar
State Gujarat
Pincode 361005
Country IN
Address 1 patel samaj rd,oshwal colony,summair club road,jamnagar 361005
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 Jamnagar 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, Jamnagar branch makes the system almost error free and faster. Use of Bank Rajkot MICR codes for Jamnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Co-Operative Bank of Rajkot Ltd are available with micr code -

>>Jamnagar

MICR code for Co-Operative Bank Of Rajkot Jamnagar

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 Jamnagar 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 Jamnagar branch. MICR code for Jamnagar 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 Jamnagar is presented in the table alongside.

Use of Bank Rajkot MICR code for Jamnagar branch in jamnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jamnagar 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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