Saurashtra Gramin Bank Junagadh Virdi Gujarat MICR CODE

Find MICR Codes for Saurashtra Gramin Bank Junagadh Virdi Gujarat

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MICR Code
Bank Saurashtra Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Virdi
Contact 0-7574808320
Bank Details Saurashtra Gramin Bank Virdi SGBA0000320
Location Junagadh, Virdi
City Junagadh
District Virdi
State Gujarat
Pincode
Country IN
Address Main bazar, virdi
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 Virdi 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 Saurashtra Gramin Bank, Virdi branch makes the system almost error free and faster. Use of Saurashtra Gramin Bank MICR codes for Virdi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Saurashtra Gramin Bank are available with micr code -

>>Virdi

MICR code for Saurashtra Gramin Bank Virdi

Saurashtra Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Saurashtra Gramin Bank MICR code for Virdi 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 Saurashtra Gramin Bank for Virdi branch. MICR code for Virdi 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 Saurashtra Gramin Bank Virdi is presented in the table alongside.

Use of Saurashtra Gramin Bank MICR code for Virdi branch in junagadh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Virdi and Saurashtra Gramin 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 Saurashtra Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

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