Smriti Nagrik Sahakari Bank Mandsaur Suwasra Madhya Pradesh MICR CODE

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

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MICR Code	-NA-
Bank	Smriti Nagrik Sahakari Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Suwasra
Contact	7426-405626
Bank Details	Smriti Nagrik Sahakari Bank Suwasra SMNB0000011

Location	Mandsaur, Suwasra
City	Mandsaur
District	Suwasra
State	Madhya Pradesh
Pincode	458888
Country	IN
Address	274,mahaveer nagar,turnod road,the-suwasra mandi,suwasra,madhya pradesh-458888

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

A total of 1 branches of Smriti Nagrik Sahakari Bank are available with micr code -

>>Suwasra

MICR code for Smriti Nagrik Sahakari Bank Suwasra

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 Suwasra 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 Suwasra branch. MICR code for Suwasra 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 Suwasra is presented in the table alongside.

Use of Smriti Bank MICR code for Suwasra branch in mandsaur

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