Saraswat Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Saraswat Bank Mumbai Greater Bombay Maharashtra

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MICR Code	400088044
Bank	Saraswat Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Andheri (W) Branch
Contact	022-24671112, 24099438
Bank Details	Saraswat Co-Op Bank Ltd Andheri (W) Branch SRCB0000106

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400058
Country	IN
Address	All india institute of local self government, burfiwala marg, andheri (w), mumbai - 400058.

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 400088044 for Andheri (W) Branch 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 400088044 of Saraswat Cooperative Bank, Andheri (W) Branch branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for Andheri (W) Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 124 branches of Saraswat Co-Op Bank Ltd are available with micr code -

MICR code for Saraswat Bank Andheri (W) Branch

Saraswat Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Saraswat Cooperative Bank MICR code for Andheri (W) Branch 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. 400088044 is the MICR code of Saraswat Co Op Bank for Andheri (W) Branch branch. MICR code for Andheri (W) Branch 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 Saraswat Cooperative Bank Andheri (W) Branch is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Andheri (W) Branch branch in mumbai

The MICR code 400088044 is used in RBI cheque clearing process to identify the branch Andheri (W) Branch and Saraswat Cooperative 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 Saraswat Co Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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