The HP State Coop Bank Ghumarwin Bilaspur Himachal Pradesh MICR CODE

Find MICR Codes for The HP State Coop Bank Ghumarwin Bilaspur Himachal Pradesh

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MICR Code
Bank Himachal Pradesh State Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhager
Contact
Bank Details Himachal Pradesh State Cooperative Bank Ltd Bhager HPSC0000135
Location Ghumarwin, Bilaspur
City Ghumarwin
District Bilaspur
State Himachal Pradesh
Pincode 174034
Country IN
Address Village and po bhager tehsil ghumarwin
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 Bhager 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 Himachal Pradesh Coop Bank, Bhager branch makes the system almost error free and faster. Use of Himachal Pradesh Coop Bank MICR codes for Bhager branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Himachal Pradesh State Cooperative Bank Ltd are available with micr code -

>>Bhager >>Ghumarwin

MICR code for The HP State Coop Bank Bhager

The HP State Coop Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Himachal Pradesh Coop Bank MICR code for Bhager 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 Himachal Pradesh State Coop Bank for Bhager branch. MICR code for Bhager 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 Himachal Pradesh Coop Bank Bhager is presented in the table alongside.

Use of Himachal Pradesh Coop Bank MICR code for Bhager branch in ghumarwin

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhager and Himachal Pradesh Coop 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 Himachal Pradesh State Coop Bank is typically in either of these two font’s: E-138 and CMC-7.

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