Rajasthan Co Op Bank Alwar Alwar301001 Rajasthan MICR CODE

Find MICR Codes for Rajasthan Co Op Bank Alwar Alwar301001 Rajasthan

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MICR Code
Bank The Rajasthan State Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Govindgarh
Contact 2701121
Bank Details The Rajasthan State Co-Operative Bank Ltd Govindgarh RSCB0012017
Location Alwar, Alwar301001
City Alwar
District Alwar301001
State Rajasthan
Pincode 301604
Country IN
Address Main market govindgarh
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 301802004 for Govindgarh 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 301802004 of Rajasthan Co-Operative Bank, Govindgarh branch makes the system almost error free and faster. Use of Rajasthan Co-Operative Bank MICR codes for Govindgarh branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Govindgarh

MICR code for Rajasthan Co Op Bank Govindgarh

Rajasthan Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajasthan Co-Operative Bank MICR code for Govindgarh 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. 301802004 is the MICR code of Rajasthan State Co Op Bank for Govindgarh branch. MICR code for Govindgarh 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 Rajasthan Co-Operative Bank Govindgarh is presented in the table alongside.

Use of Rajasthan Co-Operative Bank MICR code for Govindgarh branch in alwar

The MICR code 301802004 is used in RBI cheque clearing process to identify the branch Govindgarh and Rajasthan 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 Rajasthan State Co Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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