Saraswat Bank Sathupally Khammam Telangana MICR CODE

Find MICR Codes for Saraswat Bank Sathupally Khammam Telangana

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MICR Code
Bank Saraswat Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhadradri C U Bank Sathupally
Contact 8761283111
Bank Details Saraswat Co-Op Bank Ltd Bhadradri C U Bank Sathupally SRCB0BCB005
Location Sathupally, Khammam
City Sathupally
District Khammam
State Telangana
Pincode 507303
Country IN
Address H.no.1-144,main road,sathupally
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 507808662 for Bhadradri C U Bank Sathupally 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 507808662 of Saraswat Cooperative Bank, Bhadradri C U Bank Sathupally branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for Bhadradri C U Bank Sathupally branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Saraswat Co-Op Bank Ltd are available with micr code -

>>Bhadradri C U Bank Sathupally

MICR code for Saraswat Bank Bhadradri C U Bank Sathupally

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 Bhadradri C U Bank Sathupally 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. 507808662 is the MICR code of Saraswat Co Op Bank for Bhadradri C U Bank Sathupally branch. MICR code for Bhadradri C U Bank Sathupally 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 Bhadradri C U Bank Sathupally is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Bhadradri C U Bank Sathupally branch in sathupally

The MICR code 507808662 is used in RBI cheque clearing process to identify the branch Bhadradri C U Bank Sathupally 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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