Rajasthan Co Op Bank Salasar Churu Rajasthan MICR CODE

Find MICR Codes for Rajasthan Co Op Bank Salasar Churu 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 Salasar
Contact 252241
Bank Details The Rajasthan State Co-Operative Bank Ltd Salasar RSCB0020013
Location Salasar, Churu
City Salasar
District Churu
State Rajasthan
Pincode 331507
Country IN
Address Ganpati plaza, opp. Balaji mandir, salasar, tehsil- sujangarh, distt.- churu (raj.) 331507
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 Salasar 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 Rajasthan Co-Operative Bank, Salasar branch makes the system almost error free and faster. Use of Rajasthan Co-Operative Bank MICR codes for Salasar 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 -

>>Salasar

MICR code for Rajasthan Co Op Bank Salasar

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 Salasar 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 Rajasthan State Co Op Bank for Salasar branch. MICR code for Salasar 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 Salasar is presented in the table alongside.

Use of Rajasthan Co-Operative Bank MICR code for Salasar branch in salasar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Salasar 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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