Surat Peoples Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Surat Peoples Bank Surat Surat Gujarat

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MICR Code
Bank Surat Peoples Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Apmc
Contact 0261-2338171
Bank Details Surat Peoples Co-Op Bank Ltd Apmc SPCB0251017
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395010
Country IN
Address “agl. Produce mrkt. Committee”, sardar mkt, sahara darwaja, kadodra road, surat - 395010
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 395251018 for Apmc 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 395251018 of Surat Peoples Co-Op Bank, Apmc branch makes the system almost error free and faster. Use of Surat Peoples Co-Op Bank MICR codes for Apmc branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Surat Peoples Bank Apmc

Surat Peoples Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Surat Peoples Co-Op Bank MICR code for Apmc 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. 395251018 is the MICR code of SPCBL Bank for Apmc branch. MICR code for Apmc 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 Peoples Co-Op Bank Apmc is presented in the table alongside.

Use of Surat Peoples Co-Op Bank MICR code for Apmc branch in surat

The MICR code 395251018 is used in RBI cheque clearing process to identify the branch Apmc and Surat Peoples 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 SPCBL Bank is typically in either of these two font’s: E-138 and CMC-7.

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