Shamrao Vithal Bank Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for Shamrao Vithal Bank Greater Bombay Mumbai Maharashtra

↻ Reload
MICR Code
Bank Shamrao Vithal Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jawahar Nagar Goregaon
Contact 8655199954
Bank Details Shamrao Vithal Co-Op Bank Ltd Jawahar Nagar Goregaon SVCB0000140
Location Greater Bombay, Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Pincode 400062
Country IN
Address City survey no 598, plot no 193,ground floor, surag residency, jawahar nagar, road no 3, goregaon west, mumbai- 400062
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 400089085 for Jawahar Nagar Goregaon 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 400089085 of Shamrao Bank, Jawahar Nagar Goregaon branch makes the system almost error free and faster. Use of Shamrao Bank MICR codes for Jawahar Nagar Goregaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Shamrao Vithal Co-Op Bank Ltd are available with micr code -

>>Bharati Sahakari Bank Worli >>Hanuman Road Vile Parle East >>Hindustan Coop Bk Bhoiwada Parel >>Jawahar Nagar Goregaon >>Service Branch

MICR code for Shamrao Vithal Bank Jawahar Nagar Goregaon

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 Jawahar Nagar Goregaon 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. 400089085 is the MICR code of SVC Bank for Jawahar Nagar Goregaon branch. MICR code for Jawahar Nagar Goregaon 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 Jawahar Nagar Goregaon is presented in the table alongside.

Use of Shamrao Bank MICR code for Jawahar Nagar Goregaon branch in greater bombay

The MICR code 400089085 is used in RBI cheque clearing process to identify the branch Jawahar Nagar Goregaon 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.

Copied!