Gujarat State Co Op Bank MICR CODE

MICR Code:	360474006 f
Bank:	The Gujarat State Co-Operative Bank Ltd
Business Hours:	Monday to Saturday 10 am to 4 pm
Mode Of Payment:	Cash,Cheque,Demand Draft and Net banking
Branch:	Shri Rajkot District Coop. Bank Ltd. Kalawad Road
Contact:	281-2472342
Bank Details:	The Gujarat State Co-Operative Bank Ltd Shri Rajkot District Coop. Bank Ltd. Kalawad Road GSCB0RJT099

Location:	Rajkot, Rajkot
City:	Rajkot
District:	Rajkot
State:	Gujarat
Pincode:
Country:	IN
Address:	Silver palace, near swaminarayan temple, opp. Jalaram petrol pump, kalawad road, rajkot

How does MICR code for 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 of Gujarat Co-Operative Bank, branch makes the system almost error free and faster. Use of Gujarat Co-Operative Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of The Gujarat State Co-Operative Bank Ltd are available with micr code

MICR code for Gujarat State Co Op Bank

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 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. is the MICR code of GSC Bank for branch. MICR code for 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 is presented in the table alongside.

Use of Gujarat Co-Operative Bank MICR code for branch in rajkot

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