Guardian Bank Mangalore Mangalore Karnataka MICR CODE

Find MICR Codes for Guardian Bank Mangalore Mangalore Karnataka

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MICR Code
Bank Guardian Souhardha Sahakari Bank Niyamitha
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mangalore
Contact 824-9916963687
Bank Details Guardian Souhardha Sahakari Bank Niyamitha Mangalore GSSB0000009
Location Mangalore, Mangalore
City Mangalore
District Mangalore
State Karnataka
Pincode 575002
Country IN
Address Branch office at ms ganeshraj associates building hegde towers bendorewel mangalore 575002
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 Mangalore 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 Guardian Bank Limited, Mangalore branch makes the system almost error free and faster. Use of Guardian Bank Limited MICR codes for Mangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Guardian Souhardha Sahakari Bank Niyamitha are available with micr code -

>>Mangalore

MICR code for Guardian Bank Mangalore

Guardian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Guardian Bank Limited MICR code for Mangalore 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 Guardian Souhardha Sahakari Bank Niyamitha for Mangalore branch. MICR code for Mangalore 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 Guardian Bank Limited Mangalore is presented in the table alongside.

Use of Guardian Bank Limited MICR code for Mangalore branch in mangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mangalore and Guardian Bank Limited 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 Guardian Souhardha Sahakari Bank Niyamitha is typically in either of these two font’s: E-138 and CMC-7.

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