Shivalik Small Finance Bank Bengaluru Bengaluru Karnataka MICR CODE

Find MICR Codes for Shivalik Small Finance Bank Bengaluru Bengaluru Karnataka

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MICR Code
Bank Shivalik Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hsr Layout Bengaluru
Contact 0-7428290033
Bank Details Shivalik Small Finance Bank Hsr Layout Bengaluru SMCB0001043
Location Bengaluru, Bengaluru
City Bengaluru
District Bengaluru
State Karnataka
Pincode 560102
Country IN
Address Upper ground floor,plot no.802,12th cross road,27th main,sector - 1,hsr layout,bengaluru - 560102
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 Hsr Layout Bengaluru 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 Small Finance Bank, Hsr Layout Bengaluru branch makes the system almost error free and faster. Use of Shivalik Small Finance Bank MICR codes for Hsr Layout Bengaluru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Shivalik Small Finance Bank are available with micr code -

>>Hsr Layout Bengaluru

MICR code for Shivalik Small Finance Bank Hsr Layout Bengaluru

Shivalik Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Shivalik Small Finance Bank MICR code for Hsr Layout Bengaluru 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 Small Finance Bank for Hsr Layout Bengaluru branch. MICR code for Hsr Layout Bengaluru 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 Small Finance Bank Hsr Layout Bengaluru is presented in the table alongside.

Use of Shivalik Small Finance Bank MICR code for Hsr Layout Bengaluru branch in bengaluru

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

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