Gujarat State Co Op Bank Aravalli Modasa Gujarat MICR CODE

Find MICR Codes for Gujarat State Co Op Bank Aravalli Modasa 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 The Modasa Nagrik Sahakari Bank Ltd Ganeshpur
Contact 2774-242764
Bank Details The Gujarat State Co-Operative Bank Ltd The Modasa Nagrik Sahakari Bank Ltd Ganeshpur GSCB0MNSB03
Location Aravalli, Modasa
City Aravalli
District Modasa
State Gujarat
Pincode 383315
Country IN
Address Astha hospital, near dena bank, modasa - 383315
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 The Modasa Nagrik Sahakari Bank Ltd Ganeshpur 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, The Modasa Nagrik Sahakari Bank Ltd Ganeshpur branch makes the system almost error free and faster. Use of Gujarat Co-Operative Bank MICR codes for The Modasa Nagrik Sahakari Bank Ltd Ganeshpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Gujarat State Co Op Bank The Modasa Nagrik Sahakari Bank Ltd Ganeshpur

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 The Modasa Nagrik Sahakari Bank Ltd Ganeshpur 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 The Modasa Nagrik Sahakari Bank Ltd Ganeshpur branch. MICR code for The Modasa Nagrik Sahakari Bank Ltd Ganeshpur 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 The Modasa Nagrik Sahakari Bank Ltd Ganeshpur is presented in the table alongside.

Use of Gujarat Co-Operative Bank MICR code for The Modasa Nagrik Sahakari Bank Ltd Ganeshpur branch in aravalli

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Modasa Nagrik Sahakari Bank Ltd Ganeshpur 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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