Shivalik Mercentile Bank Ambehta Saharanpur Uttar Pradesh MICR CODE

Find MICR Codes for Shivalik Mercentile Bank Ambehta Saharanpur Uttar Pradesh

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MICR Code
Bank Shivalik Mercentile Coop Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambehta
Contact 225311
Bank Details Shivalik Mercentile Coop Bank Ltd Ambehta SMCB0001005
Location Ambehta, Saharanpur
City Ambehta
District Saharanpur
State Uttar Pradesh
Pincode 247453
Country IN
Address H. No. 688 by 15,near bus stand,main road, ambehta, district saharanpur up
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 Ambehta 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 Shivalik Mercentile Coop Bank, Ambehta branch makes the system almost error free and faster. Use of Shivalik Mercentile Coop Bank MICR codes for Ambehta branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Shivalik Mercentile Coop Bank Ltd are available with micr code -

>>Ambehta

MICR code for Shivalik Mercentile Bank Ambehta

Shivalik Mercentile Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Shivalik Mercentile Coop Bank MICR code for Ambehta 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 Shivalik Mercentile Bank for Ambehta branch. MICR code for Ambehta 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 Shivalik Mercentile Coop Bank Ambehta is presented in the table alongside.

Use of Shivalik Mercentile Coop Bank MICR code for Ambehta branch in ambehta

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ambehta and Shivalik Mercentile Coop 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 Shivalik Mercentile Bank is typically in either of these two font’s: E-138 and CMC-7.

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