Shamrao Vithal Bank Chikali Sangli Maharashtra MICR CODE

Find MICR Codes for Shamrao Vithal Bank Chikali Sangli Maharashtra

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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 Sarjerao D Naik Shirala Bk Chikali
Contact 2345272138
Bank Details Shamrao Vithal Co-Op Bank Ltd Sarjerao D Naik Shirala Bk Chikali SVCB0030006
Location Chikali, Sangli
City Chikali
District Sangli
State Maharashtra
Pincode 415408
Country IN
Address Vishwasrao s naik kharkhana, chikali
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 Shamrao Vithal Bank MICR Codes in sangli

You can search through MICR Codes of Maharashtra branches in chikali of District sangli 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 Shamrao Vithal Co-Op Bank Ltd are available with micr code -

>>Sarjerao D Naik Shirala Bk Chikali

How to find MICR codes for Shamrao Vithal Bank in chikali?

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

Shamrao Bank MICR code in chikali

Shamrao Vithal Bank MICR code is a character recognition technology used by banks in the processing of cheques. Shamrao Bank MICR code for chikali 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 chikali, 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 chikali 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 chikali 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 chikali branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of SVC Bank MICR codes for chikali 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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