Shamrao Vithal Bank Rajahmundry East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Shamrao Vithal Bank Rajahmundry East Godavari Andhra Pradesh

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MICR Code	533821102
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 Innespeta Cooperative Urban Bank Ltd Rajahmundry
Contact	9866551347
Bank Details	Shamrao Vithal Co-Op Bank Ltd The Innespeta Cooperative Urban Bank Ltd Rajahmundry SVCB0049002

Location	Rajahmundry, East Godavari
City	Rajahmundry
District	East Godavari
State	Andhra Pradesh
Pincode	533101
Country	IN
Address	First floor, d.no. 36-26-2/ 1&2, ballawari street,behind kotipalli bus stand- 533101

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 533821102 for The Innespeta Cooperative Urban Bank Ltd Rajahmundry 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 533821102 of Shamrao Bank, The Innespeta Cooperative Urban Bank Ltd Rajahmundry branch makes the system almost error free and faster. Use of Shamrao Bank MICR codes for The Innespeta Cooperative Urban Bank Ltd Rajahmundry branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Shamrao Vithal Co-Op Bank Ltd are available with micr code -

>>The Innespeta Cooperative Urban Bank Ltd Housing Board >>The Innespeta Cooperative Urban Bank Ltd Rajahmundry >>The Innespeta Cooperative Urban Bank Ltd Syamala Nagar

MICR code for Shamrao Vithal Bank The Innespeta Cooperative Urban Bank Ltd Rajahmundry

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 Innespeta Cooperative Urban Bank Ltd Rajahmundry 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. 533821102 is the MICR code of SVC Bank for The Innespeta Cooperative Urban Bank Ltd Rajahmundry branch. MICR code for The Innespeta Cooperative Urban Bank Ltd Rajahmundry 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 Innespeta Cooperative Urban Bank Ltd Rajahmundry is presented in the table alongside.

Use of Shamrao Bank MICR code for The Innespeta Cooperative Urban Bank Ltd Rajahmundry branch in rajahmundry

The MICR code 533821102 is used in RBI cheque clearing process to identify the branch The Innespeta Cooperative Urban Bank Ltd Rajahmundry 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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