Rajasthan Co Op Bank Nagaur Nagaur Rajasthan MICR CODE

Find MICR Codes for Rajasthan Co Op Bank Nagaur Nagaur 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 Sanju
Contact 243040
Bank Details The Rajasthan State Co-Operative Bank Ltd Sanju RSCB0028017
Location Nagaur, Nagaur
City Nagaur
District Nagaur
State Rajasthan
Pincode 341503
Country IN
Address Near bus stand village -sanju teshil-degana nagaur-341503
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 341822027 for Sanju 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 341822027 of Rajasthan Co-Operative Bank, Sanju branch makes the system almost error free and faster. Use of Rajasthan Co-Operative Bank MICR codes for Sanju branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Rajasthan Co Op Bank Sanju

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 Sanju 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. 341822027 is the MICR code of Rajasthan State Co Op Bank for Sanju branch. MICR code for Sanju 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 Sanju is presented in the table alongside.

Use of Rajasthan Co-Operative Bank MICR code for Sanju branch in nagaur

The MICR code 341822027 is used in RBI cheque clearing process to identify the branch Sanju 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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