Shamrao Vithal Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Shamrao Vithal Bank Bangalore Bangalore Urban Karnataka

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MICR Code	-NA-
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	The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road
Contact
Bank Details	Shamrao Vithal Co-Op Bank Ltd The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road SVCB0039002

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560010
Country	IN
Address	651/a, d block, 2nd stage, first main road, dr. Rajkumar road, rajajinagar, bangalore - 560010

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 0 for The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road 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 0 of Shamrao Bank, The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road branch makes the system almost error free and faster. Use of Shamrao Bank MICR codes for The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Shamrao Vithal Co-Op Bank Ltd are available with micr code -

>>Banaswadi Bangalore >>Deepak Sahkari Bk Kamalanagar >>Deepak Sahkari Bk Mahalakshmipuram >>Deepak Sahkari Bk Rajajinagar >>Deepak Sahkari Bk Srirampuram >>Deepak Sahkari Bk Vidyaranyapura >>Deepak Sahkari Bk Vijayanagar >>Guardian Bank Singasandra >>Guardian Bank Thumbuchetty Palya >>The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road >>The Hotel Industrialists Co Op Bank Ltd Balapet >>The Hotel Industrialists Co Op Bank Ltd Chamrajpet >>The Hotel Industrialists Co Op Bank Ltd Ganganagar >>The Hotel Industrialists Co Op Bank Ltd Halasuru >>The Hotel Industrialists Co Op Bank Ltd Jayanagar >>The Hotel Industrialists Co Op Bank Ltd Rajajinagar

MICR code for Shamrao Vithal Bank The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road

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 The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road 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. 0 is the MICR code of SVC Bank for The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road branch. MICR code for The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road 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 The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road is presented in the table alongside.

Use of Shamrao Bank MICR code for The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Citizen Co Op Bank Ltd Rajajinagar Dr. Rajkumar Road 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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