Saraswat Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Saraswat Bank Gurgaon Gurgaon Haryana

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MICR Code	-NA-
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	Gurgaon
Contact	124-6591555
Bank Details	Saraswat Co-Op Bank Ltd Gurgaon SRCB0000495

Location	Gurgaon, Gurgaon
City	Gurgaon
District	Gurgaon
State	Haryana
Pincode	122001
Country	IN
Address	Ground floor and first floor,sector 15,s.co.no.62,old judicial complex,gurgaon-122001,haryana

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 0 for Gurgaon 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 0 of Saraswat Cooperative Bank, Gurgaon branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for Gurgaon 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 -

>>Gurgaon

MICR code for Saraswat Bank Gurgaon

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 Gurgaon 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. 0 is the MICR code of Saraswat Co Op Bank for Gurgaon branch. MICR code for Gurgaon 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 Gurgaon is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Gurgaon branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gurgaon 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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