Gujarat State Co Op Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Gujarat State Co Op Bank Surat Surat Gujarat

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MICR Code
Bank The Gujarat State Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Associate Co Operative Bank Ltd Vesu
Contact 0-7623011222
Bank Details The Gujarat State Co-Operative Bank Ltd Associate Co Operative Bank Ltd Vesu GSCB0ASCB09
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395007
Country IN
Address Shop no.117,first floor,exult shoppers,near siddhi vinayak mandir,vesu,surat 395007
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 Associate Co Operative Bank Ltd Vesu 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 Gujarat Co-Operative Bank, Associate Co Operative Bank Ltd Vesu branch makes the system almost error free and faster. Use of Gujarat Co-Operative Bank MICR codes for Associate Co Operative Bank Ltd Vesu branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Gujarat State Co Op Bank Associate Co Operative Bank Ltd Vesu

Gujarat State Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Gujarat Co-Operative Bank MICR code for Associate Co Operative Bank Ltd Vesu 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 GSC Bank for Associate Co Operative Bank Ltd Vesu branch. MICR code for Associate Co Operative Bank Ltd Vesu 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 Gujarat Co-Operative Bank Associate Co Operative Bank Ltd Vesu is presented in the table alongside.

Use of Gujarat Co-Operative Bank MICR code for Associate Co Operative Bank Ltd Vesu branch in surat

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

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