Gujarat State Co Op Bank Rajkot Gondal Gujarat MICR CODE

Find MICR Codes for Gujarat State Co Op Bank Rajkot Gondal 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 Shri Rajkot District Coop. Bank Ltd. Sardar Gondal
Contact 2825-220679
Bank Details The Gujarat State Co-Operative Bank Ltd Shri Rajkot District Coop. Bank Ltd. Sardar Gondal GSCB0RJT059
Location Rajkot, Gondal
City Rajkot
District Gondal
State Gujarat
Pincode
Country IN
Address Opp. Bus stand, old marketyard, gondal
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 360474045 for Shri Rajkot District Coop. Bank Ltd. Sardar Gondal 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 360474045 of Gujarat Co-Operative Bank, Shri Rajkot District Coop. Bank Ltd. Sardar Gondal branch makes the system almost error free and faster. Use of Gujarat Co-Operative Bank MICR codes for Shri Rajkot District Coop. Bank Ltd. Sardar Gondal branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Gujarat State Co Op Bank Shri Rajkot District Coop. Bank Ltd. Sardar Gondal

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 Shri Rajkot District Coop. Bank Ltd. Sardar Gondal 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. 360474045 is the MICR code of GSC Bank for Shri Rajkot District Coop. Bank Ltd. Sardar Gondal branch. MICR code for Shri Rajkot District Coop. Bank Ltd. Sardar Gondal 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 Shri Rajkot District Coop. Bank Ltd. Sardar Gondal is presented in the table alongside.

Use of Gujarat Co-Operative Bank MICR code for Shri Rajkot District Coop. Bank Ltd. Sardar Gondal branch in rajkot

The MICR code 360474045 is used in RBI cheque clearing process to identify the branch Shri Rajkot District Coop. Bank Ltd. Sardar Gondal 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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