Surat District Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Surat District Co Op Bank MICR code for Fedariya 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 SUDICO Bank for Fedariya branch. MICR code for Fedariya 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 Surat District Co Op Bank Fedariya is presented in the table alongside.
The MICR code 0 is used in RBI cheque clearing process to identify the branch Fedariya and Surat District Co Op 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 SUDICO Bank is typically in either of these two font’s: E-138 and CMC-7.