Surat Peoples Bank Surat Valsad Gujarat MICR CODE

Find MICR Codes for Surat Peoples Bank Surat Valsad 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 Vapi Main
Contact 0260-2430466
Bank Details Surat Peoples Co-Op Bank Ltd Vapi Main SPCB0251020
Location Surat, Valsad
City Surat
District Valsad
State Gujarat
Pincode 396195
Country IN
Address Snehdeep comm. Complex, gunjan chokdi, n. H. No. 8, vapi - 396 195
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 260251002 for Vapi Main 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 260251002 of Surat Peoples Co-Op Bank, Vapi Main branch makes the system almost error free and faster. Use of Surat Peoples Co-Op Bank MICR codes for Vapi Main branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Surat Peoples Co-Op Bank Ltd are available with micr code -

>>Vapi Main

MICR code for Surat Peoples Bank Vapi Main

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 Vapi Main 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. 260251002 is the MICR code of SPCBL Bank for Vapi Main branch. MICR code for Vapi Main 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 Vapi Main is presented in the table alongside.

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

The MICR code 260251002 is used in RBI cheque clearing process to identify the branch Vapi Main 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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