Shamrao Vithal Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Shamrao Vithal Bank Bangalore Bangalore Karnataka

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MICR Code	560234252
Bank	Shamrao Vithal Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Guardian Bank Begur Branch
Contact	080-25742233
Bank Details	Shamrao Vithal Co-Op Bank Ltd Guardian Bank Begur Branch SVCB0002002

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560068
Country	IN
Address	No.1625, amalodbava nagar,opp-st.francis school, begur main road,begur,bangalore-560068

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 560234252 for Guardian Bank Begur Branch 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 560234252 of Shamrao Bank, Guardian Bank Begur Branch branch makes the system almost error free and faster. Use of Shamrao Bank MICR codes for Guardian Bank Begur Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Shamrao Vithal Co-Op Bank Ltd are available with micr code -

>>Guardian Bank Begur Branch >>Guardian Bank Geddalahalli Branch >>Guardian Bank Infantry Road >>J. P. Nagar Bengaluru

MICR code for Shamrao Vithal Bank Guardian Bank Begur Branch

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 Guardian Bank Begur Branch 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. 560234252 is the MICR code of SVC Bank for Guardian Bank Begur Branch branch. MICR code for Guardian Bank Begur Branch 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 Guardian Bank Begur Branch is presented in the table alongside.

Use of Shamrao Bank MICR code for Guardian Bank Begur Branch branch in bangalore

The MICR code 560234252 is used in RBI cheque clearing process to identify the branch Guardian Bank Begur Branch 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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