Shamrao Vithal Bank Madhya Pradesh MICR CODE

Find MICR Codes for Shamrao Vithal Bank Madhya Pradesh

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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 Indore
Contact 0731-2539222/ 2539223/ 2539224
Bank Details Shamrao Vithal Co-Op Bank Ltd Indore SVCB0000114
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address Ground floor, aditya enclave, c-1, hig colony, hig main road, khajrani, indore – 452 001
MICR Code
Bank Shamrao Vithal Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhopal
Contact
Bank Details Shamrao Vithal Co-Op Bank Ltd Bhopal SVCB0000168
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462016
Country IN
Address Surya tower, e/5/7, bitten market, arera colony, bhopal madhy pradesh 462016.
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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 Madhya Pradesh

You can search through MICR Codes of Shamrao Vithal Bank in Madhya Pradesh State! Reserve Bank of India publishes updated MICR Codes for Shamrao Bank from time to time on their website, and we are doing our best in updating information of SVC Bank MICR Codes.

How to find MICR codes for Shamrao Vithal Bank in Madhya Pradesh?

MICR codes for Shamrao Vithal Bank in Madhya Pradesh are given in the table alongside. Address, contact numbers and other details are also provided along with the MICR code. Narrow down your search either by selecting any particular district from the drop down list or by selecting the district from Shamrao Bank MICR codes list given on the right side. One can find MICR codes for all SVC Bank branches in Madhya Pradesh here.

Shamrao Bank MICR code in Madhya Pradesh

Shamrao Vithal Bank MICR code in Madhya Pradesh state is a standard 9 digit code printed on cheques using a special type of ink. This ink or toner is magnetic and contains iron oxide. Shamrao Bank MICR number includes the document type indicator, bank code, cheque number, etc. This code is used to identify bank and account information to which the cheque belongs. The main purpose of SVC Bank MICR code for Madhya Pradesh branches is to make clearance process of cheques faster and without errors.

Why is Shamrao Bank MICR code for Madhya Pradesh branches used for clearing of cheques?

The Shamrao Bank MICR code for Madhya Pradesh branches allows the cheque information to be read automatically by passing it before an MICR reader. Each character produces a specific pattern which can be easily identified. Shamrao Vithal Bank Madhya Pradesh MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters legible even if they are obscured by stamps and signatures. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and bank. The principal purpose of SVC Bank MICR code for Madhya Pradesh branches is to print accounting and routing information on cheques and other documents in a machine readable format in order to speed up the clearing process.

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