Saraswat Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Saraswat Bank Bangalore Bangalore Urban Karnataka

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MICR Code	560088001
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	Gandhi Nagar
Contact	(080) 22341151, 22341152
Bank Details	Saraswat Co-Op Bank Ltd Gandhi Nagar SRCB0000323

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560009
Country	IN
Address	1 and 2, pamadi towers, first main road, gandhi nagar, bengaluru - 560 009.

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 560088001 for Gandhi Nagar 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 560088001 of Saraswat Cooperative Bank, Gandhi Nagar branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for Gandhi Nagar 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 Gandhi Nagar

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 Gandhi Nagar 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. 560088001 is the MICR code of Saraswat Co Op Bank for Gandhi Nagar branch. MICR code for Gandhi Nagar 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 Gandhi Nagar is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Gandhi Nagar branch in bangalore

The MICR code 560088001 is used in RBI cheque clearing process to identify the branch Gandhi Nagar 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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