MICR codes for Shivalik Mercentile Bank in meerut are given in the table alongside. Details like address and contact numbers are also provided along with the MICR code. Narrow down your search either by selecting any particular city from the drop down list or by selecting the city from Shivalik Mercentile Coop Bank MICR codes list in meerut given on the right side. You can find MICR codes for all Shivalik Mercentile Bank meerut district of Uttar Pradesh state here.
Shivalik Mercentile Bank MICR code for meerut is used in banking industry for processing cheques and MICR stands for Magnetic Ink Character Recognition. It is used to identify the bank branch to which the cheque belongs. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR technology speeds up the whole process compared to manual reading and sorting. MICR code for Shivalik Mercentile Coop Bank meerut branches is present at the bottom of every cheque leaf.
Shivalik Mercentile Coop Bank MICR code for meerut is a standard 9 digit code. The MICR number can have only 14 characters viz. the numbers 0-9 and for special symbols- transit, amount, on-us, and dash. Shivalik Mercentile Bank MICR code for Uttar Pradesh branches comprises of the document type indicator, bank code, cheque number, etc. Shivalik Mercentile Bank Uttar Pradesh MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters readable even if they are obscured by stamps and signatures. This code is used By Reserve bank Of India in clearing process to identify the branch and bank.