Saraswat Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Saraswat Bank Bangalore Bangalore Urban Karnataka

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MICR Code	560088002
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	Bengaluru
Contact	080-25502275/76
Bank Details	Saraswat Co-Op Bank Ltd Bengaluru SRCB0000222

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560034
Country	IN
Address	Sogo properties, site no. 47, 100 ft. Road, 4th block, ward no. 68, koramangala extension, bengaluru-560034.

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 560088002 for Bengaluru 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 560088002 of Saraswat Cooperative Bank, Bengaluru branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for Bengaluru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Saraswat Co-Op Bank Ltd are available with micr code -

>>Banashankari >>Bengaluru >>Chamrajpeth >>Gandhi Nagar >>Jayanagar Branch >>Mahila Co Op Bank Administrative Office >>Mahila Co Op Bank Banashankari >>Mahila Co Op Bank Basaveswaranagara >>Mahila Co Op Bank Btm Layout >>Mahila Co Op Bank Ganganagar >>Mahila Co Op Bank Mathikere >>Mahila Co Op Bank Peenya Dasarahalli >>Mahila Co Op Bank R R Nagar >>Mahila Co Op Bank Seshadripuram >>Mahila Co Op Bank Vijayanagar >>Malleshwaram Branch >>The Hotel Industrialists Coop Bank Ltd Mathikere

MICR code for Saraswat Bank Bengaluru

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 Bengaluru 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. 560088002 is the MICR code of Saraswat Co Op Bank for Bengaluru branch. MICR code for Bengaluru 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 Bengaluru is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Bengaluru branch in bangalore

The MICR code 560088002 is used in RBI cheque clearing process to identify the branch Bengaluru 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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