Gujarat State Co Op Bank Bhavnagar Sihor Gujarat MICR CODE

Find MICR Codes for Gujarat State Co Op Bank Bhavnagar Sihor 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 Sihor Mercantile Coop. Bank Ltd. Sihor Ho
Contact 2846-222195
Bank Details The Gujarat State Co-Operative Bank Ltd Sihor Mercantile Coop. Bank Ltd. Sihor Ho GSCB0USMC01
Location Bhavnagar, Sihor
City Bhavnagar
District Sihor
State Gujarat
Pincode
Country IN
Address Danapith, sihor
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 364803071 for Sihor Mercantile Coop. Bank Ltd. Sihor Ho 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 364803071 of Gujarat Co-Operative Bank, Sihor Mercantile Coop. Bank Ltd. Sihor Ho branch makes the system almost error free and faster. Use of Gujarat Co-Operative Bank MICR codes for Sihor Mercantile Coop. Bank Ltd. Sihor Ho branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of The Gujarat State Co-Operative Bank Ltd are available with micr code -

>>Bhavnagar Dist Co Op Bank Ltd Sihor >>Sihor Mercantile Coop. Bank Ltd. Sihor Ho

MICR code for Gujarat State Co Op Bank Sihor Mercantile Coop. Bank Ltd. Sihor Ho

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 Sihor Mercantile Coop. Bank Ltd. Sihor Ho 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. 364803071 is the MICR code of GSC Bank for Sihor Mercantile Coop. Bank Ltd. Sihor Ho branch. MICR code for Sihor Mercantile Coop. Bank Ltd. Sihor Ho 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 Sihor Mercantile Coop. Bank Ltd. Sihor Ho is presented in the table alongside.

Use of Gujarat Co-Operative Bank MICR code for Sihor Mercantile Coop. Bank Ltd. Sihor Ho branch in bhavnagar

The MICR code 364803071 is used in RBI cheque clearing process to identify the branch Sihor Mercantile Coop. Bank Ltd. Sihor Ho 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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