Saraswat Bank Thane Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for Saraswat Bank Thane Navi Mumbai Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

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	Sub Zone Ii
Contact	22-27890152
Bank Details	Saraswat Co-Op Bank Ltd Sub Zone Ii SRCB0000460

Location	Thane, Navi Mumbai
City	Thane
District	Navi Mumbai
State	Maharashtra
Pincode
Country	IN
Address	Second floor, madhushree, plot no.85, district business center,sector 17,vashi

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

>>Sub Zone Ii

MICR code for Saraswat Bank Sub Zone Ii

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 Sub Zone Ii 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 Sub Zone Ii branch. MICR code for Sub Zone Ii 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 Sub Zone Ii is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Sub Zone Ii branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sub Zone Ii 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!