Gujarat State Co Op Bank Rajkot Rajlot Gujarat MICR CODE

Find MICR Codes for Gujarat State Co Op Bank Rajkot Rajlot 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 Veraval Mercantile Co Op Bank Ltd Rajkot
Contact 281-2447755
Bank Details The Gujarat State Co-Operative Bank Ltd The Veraval Mercantile Co Op Bank Ltd Rajkot GSCB0UVMC05
Location Rajkot, Rajlot
City Rajkot
District Rajlot
State Gujarat
Pincode
Country IN
Address Foresite building 1st floor akshar marg off kalavad road
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 360472002 for The Veraval Mercantile Co Op Bank Ltd Rajkot 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 360472002 of Gujarat Co-Operative Bank, The Veraval Mercantile Co Op Bank Ltd Rajkot branch makes the system almost error free and faster. Use of Gujarat Co-Operative Bank MICR codes for The Veraval Mercantile Co Op Bank Ltd Rajkot branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Gujarat State Co-Operative Bank Ltd are available with micr code -

>>The Veraval Mercantile Co Op Bank Ltd Rajkot

MICR code for Gujarat State Co Op Bank The Veraval Mercantile Co Op Bank Ltd Rajkot

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 Veraval Mercantile Co Op Bank Ltd Rajkot 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. 360472002 is the MICR code of GSC Bank for The Veraval Mercantile Co Op Bank Ltd Rajkot branch. MICR code for The Veraval Mercantile Co Op Bank Ltd Rajkot 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 Veraval Mercantile Co Op Bank Ltd Rajkot is presented in the table alongside.

Use of Gujarat Co-Operative Bank MICR code for The Veraval Mercantile Co Op Bank Ltd Rajkot branch in rajkot

The MICR code 360472002 is used in RBI cheque clearing process to identify the branch The Veraval Mercantile Co Op Bank Ltd Rajkot 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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