Smriti Nagrik Sahakari Bank Mandsaur Mandsaur Madhya Pradesh MICR CODE

Find MICR Codes for Smriti Nagrik Sahakari Bank Mandsaur Mandsaur Madhya Pradesh

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MICR Code
Bank Smriti Nagrik Sahakari Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Krishi Upaj Mandi
Contact 7422-255019
Bank Details Smriti Nagrik Sahakari Bank Krishi Upaj Mandi SMNB0000005
Location Mandsaur, Mandsaur
City Mandsaur
District Mandsaur
State Madhya Pradesh
Pincode
Country IN
Address Near krishi upaj mandi,mhow neemuch road
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 Krishi Upaj Mandi 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 Smriti Bank, Krishi Upaj Mandi branch makes the system almost error free and faster. Use of Smriti Bank MICR codes for Krishi Upaj Mandi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Smriti Nagrik Sahakari Bank are available with micr code -

>>Gaushala Market >>Krishi Upaj Mandi >>Rtgsho

MICR code for Smriti Nagrik Sahakari Bank Krishi Upaj Mandi

Smriti Nagrik Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Smriti Bank MICR code for Krishi Upaj Mandi 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 Smriti Nagrik Sahakari Bank for Krishi Upaj Mandi branch. MICR code for Krishi Upaj Mandi 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 Smriti Bank Krishi Upaj Mandi is presented in the table alongside.

Use of Smriti Bank MICR code for Krishi Upaj Mandi branch in mandsaur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Krishi Upaj Mandi and Smriti 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 Smriti Nagrik Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.

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