Shamrao Vithal Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Shamrao Vithal Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Shamrao Vithal Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Deepak Sahkari Bk Rajajinagar
Contact 080-23324604, 23323697, 23130294
Bank Details Shamrao Vithal Co-Op Bank Ltd Deepak Sahkari Bk Rajajinagar SVCB0018002
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560010
Country IN
Address No.1703 2nd block rajajinagar bangalore 560 010
MICR Code
Bank Shamrao Vithal Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Deepak Sahkari Bk Kamalanagar
Contact 080-23230580
Bank Details Shamrao Vithal Co-Op Bank Ltd Deepak Sahkari Bk Kamalanagar SVCB0018003
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560079
Country IN
Address No.55, 8th main b.e.m.l. Layout, kamalanagar bangalore - 560 079
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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 to find MICR codes for Shamrao Vithal Bank in bangalore?

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

Shamrao Bank MICR code in bangalore

Shamrao Vithal Bank MICR code is a character recognition technology used by banks in the processing of cheques. Shamrao Bank MICR code for bangalore 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 SVC Bank branches in bangalore, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does SVC Bank MICR code for bangalore 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 Shamrao Vithal Bank bangalore 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 Shamrao Bank bangalore branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of SVC Bank MICR codes for bangalore 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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