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

Saraswat Bank Hiranandani MICR CODE

Find MICR Codes for Saraswat Bank Hiranandani

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

Find MICR Codes for Saraswat Bank Hiranandani

MICR Code: 400088074
Bank: Saraswat Co-Op Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Hiranandani (Thane West)
Contact: 66848584,
Bank Details: Saraswat Co-Op Bank Ltd Hiranandani (Thane West) SRCB0000148
Location: Thane, Thane
City: Thane
District: Thane
State: Maharashtra
Pincode: 400610
Country: IN
Address: Shop no.1 & 15 block no.1, emerald plaza, hiranandani medows, off pokharan road no.2, thane (west) - 400 610.

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

MICR code for Saraswat Bank hiranandani

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 hiranandani 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 hiranandani branch. MICR code for hiranandani 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 hiranandani is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for hiranandani branch in thane

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