Shamrao Vithal Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Shamrao Bank MICR code for Bharati Sahakari Bank Hadapsar 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. 411355009 is the MICR code of SVC Bank for Bharati Sahakari Bank Hadapsar branch. MICR code for Bharati Sahakari Bank Hadapsar 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 Shamrao Bank Bharati Sahakari Bank Hadapsar is presented in the table alongside.
The MICR code 411355009 is used in RBI cheque clearing process to identify the branch Bharati Sahakari Bank Hadapsar and Shamrao 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 SVC Bank is typically in either of these two font’s: E-138 and CMC-7.