Surat District Bank Kosamba Surat Gujarat MICR CODE

Find MICR Codes for Surat District Bank Kosamba Surat Gujarat

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MICR Code
Bank The Surat District Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kosamba Branch
Contact 02629-231254
Bank Details The Surat District Co-Operative Bank Ltd Kosamba Branch SDCB0000007
Location Kosamba, Surat
City Kosamba
District Surat
State Gujarat
Pincode 694120
Country IN
Address Nava bazar, tal-mangrol, surat-694120
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 Kosamba Branch 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 Surat District Co Op Bank, Kosamba Branch branch makes the system almost error free and faster. Use of Surat District Co Op Bank MICR codes for Kosamba Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Surat District Co-Operative Bank Ltd are available with micr code -

>>Kosamba Branch

MICR code for Surat District Bank Kosamba Branch

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 Kosamba Branch 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 Kosamba Branch branch. MICR code for Kosamba Branch 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 Kosamba Branch is presented in the table alongside.

Use of Surat District Co Op Bank MICR code for Kosamba Branch branch in kosamba

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kosamba Branch 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.

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