Saraswat Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Saraswat Bank Mumbai Mumbai Maharashtra

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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	Malad East
Contact	22-8657037906
Bank Details	Saraswat Co-Op Bank Ltd Malad East SRCB0000485

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400097
Country	IN
Address	Shop nos 1 2 on ground floor and office no 102 on first floor jawahar milan chs ltd malad e mumbai 400097

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

A total of 30 branches of Saraswat Co-Op Bank Ltd are available with micr code -

>>Asalpha >>Colaba >>Credit Administration Department >>Govandieast >>Hrd Department >>J B Nagar >>Jogeshwari E H F S Road >>Kurla East Nehru Nagar >>Kurla N S Bank Bhandup East >>Kurla N S Bank Bhandup West >>Kurla N S Bank Chembur >>Kurla N S Bank Ghatkopar >>Kurla N S Bank Govandi >>Kurla N S Bank Ho >>Kurla N S Bank Kajupada >>Kurla N S Bank Mulund >>Kurla N S Bank Sakinaka >>Kurla N S Bank Station Road >>Malad East >>Mumbai Central Branch >>Nancy Colony Borivali East >>New Maneklal Estate Branch Ghatkopar West >>Portuguese Church Dadar West >>Sai Baba Nagar Borivaliwest >>Samata Sah Bank Oshiwara >>Santacruz East Branch >>Sherepanjab Andheri East >>Thakur Complex Kandivli East Branch >>The Chembur Nagarik Sahakari Bank Ltd.Ghatkopar Branch >>Vidyavihar West

MICR code for Saraswat Bank Malad East

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 Malad East 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 Malad East branch. MICR code for Malad East 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 Malad East is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Malad East branch in mumbai

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