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 The Banswara Central Co Operative Bank Ltd. Banswara 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. 327815004 is the MICR code of Rajasthan State Co Op Bank for The Banswara Central Co Operative Bank Ltd. Banswara branch. MICR code for The Banswara Central Co Operative Bank Ltd. Banswara 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 The Banswara Central Co Operative Bank Ltd. Banswara is presented in the table alongside.
The MICR code 327815004 is used in RBI cheque clearing process to identify the branch The Banswara Central Co Operative Bank Ltd. Banswara 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.