Shri Veershaiv Co Operative Bank Limited Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for Shri Veershaiv Co Operative Bank Limited Kolhapur Kolhapur Maharashtra

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MICR Code	-NA-
Bank	Shri Veershaiv Co Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Service Center
Contact	231-2536940
Bank Details	Shri Veershaiv Co Op Bank Ltd Service Center SVSH0000999

Location	Kolhapur, Kolhapur
City	Kolhapur
District	Kolhapur
State	Maharashtra
Pincode
Country	IN
Address	517,a/1,e ward,tararani chowk

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 Service Center 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 SVCB Bank, Service Center branch makes the system almost error free and faster. Use of SVCB Bank MICR codes for Service Center branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Shri Veershaiv Co Op Bank Ltd are available with micr code -

>>Bagal Chowk Kolhapur >>Gandhinagar Kolhapur >>Kalamba Kolhapur >>Laxmipuri >>Mahadwar Road Kolhapur >>Mandai Kolhapur >>Market Yard Kolhapur >>R K Nagar Kolhapur >>Rtgsho >>Saneguruji Kolhapur >>Service Center >>Tararani Chowk Kolhapur

MICR code for Shri Veershaiv Co Operative Bank Limited Service Center

Shri Veershaiv Co Operative Bank Limited MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SVCB Bank MICR code for Service Center 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 Shri Veershaiv Co Operative Bank Limited for Service Center branch. MICR code for Service Center 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 SVCB Bank Service Center is presented in the table alongside.

Use of SVCB Bank MICR code for Service Center branch in kolhapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Service Center and SVCB 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 Shri Veershaiv Co Operative Bank Limited is typically in either of these two font’s: E-138 and CMC-7.

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