Saraswat Bank Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Saraswat Bank Mangalore Dakshin Kannad Karnataka

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	575088003
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	Manasa Residency
Contact	0824-2452143 /24582144
Bank Details	Saraswat Co-Op Bank Ltd Manasa Residency SRCB0000241

Location	Mangalore, Dakshin Kannad
City	Mangalore
District	Dakshin Kannad
State	Karnataka
Pincode	575006
Country	IN
Address	Ground floor, chilimbi, near sony world, mangalore-575006

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 575088003 for Manasa Residency 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 575088003 of Saraswat Cooperative Bank, Manasa Residency branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for Manasa Residency branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Saraswat Co-Op Bank Ltd are available with micr code -

>>Bhavanthi Street >>M.G.Road >>Manasa Residency >>Mannagudda Branch

MICR code for Saraswat Bank Manasa Residency

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 Manasa Residency 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. 575088003 is the MICR code of Saraswat Co Op Bank for Manasa Residency branch. MICR code for Manasa Residency 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 Manasa Residency is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Manasa Residency branch in mangalore

The MICR code 575088003 is used in RBI cheque clearing process to identify the branch Manasa Residency 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.

Copied!