Shamrao Vithal Bank Rahata Ahmadnagar Maharashtra MICR CODE

Find MICR Codes for Shamrao Vithal Bank Rahata Ahmadnagar 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 The Kopargaon Peoples Coop Bank Ltd Rahata
Contact 242032
Bank Details Shamrao Vithal Co-Op Bank Ltd The Kopargaon Peoples Coop Bank Ltd Rahata SVCB0035004
Location Rahata, Ahmadnagar
City Rahata
District Ahmadnagar
State Maharashtra
Pincode 423107
Country IN
Address Dr. Lodhas hospital, khandoba galli
MICR Code
Bank Shamrao Vithal Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gautam Sahakari Bank Sakuri
Contact 242521
Bank Details Shamrao Vithal Co-Op Bank Ltd Gautam Sahakari Bank Sakuri SVCB0047006
Location Rahata, Ahmadnagar
City Rahata
District Ahmadnagar
State Maharashtra
Pincode 423607
Country IN
Address A/p- sakuri, taluka rahata, district ahmednagar, pin- 423607
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 ahmadnagar

You can search through MICR Codes of Maharashtra branches in rahata of District ahmadnagar in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Shamrao Vithal Co-Op Bank Ltd are available with micr code -

>>Gautam Sahakari Bank Sakuri >>The Kopargaon Peoples Coop Bank Ltd Rahata

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

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

Shamrao Bank MICR code in rahata

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