Shivalik Mercentile Bank Rampur Maniharan Saharanpur Uttar Pradesh MICR CODE

Find MICR Codes for Shivalik Mercentile Bank Rampur Maniharan 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 Rampur Maniharan
Contact 9927007125
Bank Details Shivalik Mercentile Coop Bank Ltd Rampur Maniharan SMCB0001014
Location Rampur Maniharan, Saharanpur
City Rampur Maniharan
District Saharanpur
State Uttar Pradesh
Pincode 247451
Country IN
Address Mahajanan, rampur maniharan, district saharanpur
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 Rampur Maniharan 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, Rampur Maniharan branch makes the system almost error free and faster. Use of Shivalik Mercentile Coop Bank MICR codes for Rampur Maniharan 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 -

>>Rampur Maniharan

MICR code for Shivalik Mercentile Bank Rampur Maniharan

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 Rampur Maniharan 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 Rampur Maniharan branch. MICR code for Rampur Maniharan 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 Rampur Maniharan is presented in the table alongside.

Use of Shivalik Mercentile Coop Bank MICR code for Rampur Maniharan branch in rampur maniharan

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rampur Maniharan 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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