MICR Code Bank
Find MICR code for Saraswat Bank Bhayander branches in India for NEFT and RTGS transfer

Saraswat Bank Bhayander MICR CODE

Find MICR Codes for Saraswat Bank Bhayander

Selected Bank + -

  

Selected State + -

  

Selected District + -

  

Selected City + -

  

Selected Branch + -

  
  1. Saraswat Co-Op Bank Ltd »
  2. Maharashtra »
  3. thane »
  4. mira bhayandar »
  5. bhayander (west)

Find MICR Codes for Saraswat Bank Bhayander

MICR Code: 400088070
Bank: Saraswat Co-Op Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Bhayander (West)
Contact: 28186905
Bank Details: Saraswat Co-Op Bank Ltd Bhayander (West) SRCB0000142
Location: Mira Bhayandar, Thane
City: Mira Bhayandar
District: Thane
State: Maharashtra
Pincode: 401101
Country: IN
Address: Tirth', 1st floor, near bavana jinalay temple, off dr. B.r. Ambedkar marg, bhayander (west), dist. Thane, pin - 401 101.

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

A total of 2 branches of Saraswat Co-Op Bank Ltd are available with micr code

>>Bhayander (West) >>Mira Road Branch

MICR code for Saraswat Bank bhayander

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

Use of Saraswat Cooperative Bank MICR code for bhayander branch in mira bhayandar

The MICR code is used in RBI cheque clearing process to identify the branch bhayander 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.