Shamrao Vithal Bank Thane Dombivli Maharashtra MICR CODE

Find MICR Codes for Shamrao Vithal Bank Thane Dombivli 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 Dombivali West
Contact 8097093910
Bank Details Shamrao Vithal Co-Op Bank Ltd Dombivali West SVCB0000133
Location Thane, Dombivli
City Thane
District Dombivli
State Maharashtra
Pincode 421202
Country IN
Address Cts no 9/5,survey no 215, ground floor, guru dilasa, gupte road, jaihind colony,dombivli west, thane- 421202
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 400089087 for Dombivali West 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 400089087 of Shamrao Bank, Dombivali West branch makes the system almost error free and faster. Use of Shamrao Bank MICR codes for Dombivali West branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Dombivali West

MICR code for Shamrao Vithal Bank Dombivali West

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 Dombivali West 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. 400089087 is the MICR code of SVC Bank for Dombivali West branch. MICR code for Dombivali West 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 Dombivali West is presented in the table alongside.

Use of Shamrao Bank MICR code for Dombivali West branch in thane

The MICR code 400089087 is used in RBI cheque clearing process to identify the branch Dombivali West 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.

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