Saraswat Bank Virar Thane Maharashtra MICR CODE

Find MICR Codes for Saraswat Bank Virar Thane Maharashtra

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MICR Code
Bank Saraswat Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Virar West) Branch
Contact 0250-2505962
Bank Details Saraswat Co-Op Bank Ltd Virar West) Branch SRCB0000107
Location Virar, Thane
City Virar
District Thane
State Maharashtra
Pincode 401303
Country IN
Address Sanjivani hospital building, near railway station, agashi road, virar (w), thane
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.

Search Saraswat Bank MICR Codes in thane

You can search through MICR Codes of Maharashtra branches in virar of District thane in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Saraswat Co-Op Bank Ltd are available with micr code -

>>Virar West) Branch

How to find MICR codes for Saraswat Bank in virar?

Saraswat Bank virar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Saraswat Cooperative Bank MICR codes list for virar, one can further search by branch name specified in the table. You can find MICR codes for all Saraswat Bank virar branches.

Saraswat Cooperative Bank MICR code in virar

Saraswat Bank MICR code is a character recognition technology used by banks in the processing of cheques. Saraswat Cooperative Bank MICR code for virar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Saraswat Co Op Bank branches in virar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Saraswat Co Op Bank MICR code for virar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Saraswat Bank virar branch, sprinted 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. Thus MICR code for Saraswat Cooperative Bank virar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Saraswat Co Op Bank MICR codes for virar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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