Surat District Bank Mangrol Surat Gujarat MICR CODE

Find MICR Codes for Surat District Bank Mangrol 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 Mangrol Branch
Contact 02629-220253
Bank Details The Surat District Co-Operative Bank Ltd Mangrol Branch SDCB0000017
Location Mangrol, Surat
City Mangrol
District Surat
State Gujarat
Pincode 394410
Country IN
Address Station road, tal-mangrol, surat-394410
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 Mangrol 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, Mangrol Branch branch makes the system almost error free and faster. Use of Surat District Co Op Bank MICR codes for Mangrol 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 -

>>Mangrol Branch

MICR code for Surat District Bank Mangrol 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 Mangrol 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 Mangrol Branch branch. MICR code for Mangrol 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 Mangrol Branch is presented in the table alongside.

Use of Surat District Co Op Bank MICR code for Mangrol Branch branch in mangrol

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