The HP State Coop Bank Sarkaghat Mandi Himachal Pradesh MICR CODE

Find MICR Codes for The HP State Coop Bank Sarkaghat Mandi 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 Smaila
Contact 256310
Bank Details Himachal Pradesh State Cooperative Bank Ltd Smaila HPSC0000338
Location Sarkaghat, Mandi
City Sarkaghat
District Mandi
State Himachal Pradesh
Pincode 175034
Country IN
Address Smaila, tehsil saraghat pin-175034
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 174311007 for Smaila 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 174311007 of Himachal Pradesh Coop Bank, Smaila branch makes the system almost error free and faster. Use of Himachal Pradesh Coop Bank MICR codes for Smaila branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Himachal Pradesh State Cooperative Bank Ltd are available with micr code -

>>Baldwara >>Bhadarwar >>Bhambla >>Chandesh >>Marhi >>Nabahi Devi >>Sajao Piplu >>Sarkaghat >>Smaila >>Tihra

MICR code for The HP State Coop Bank Smaila

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 Smaila 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. 174311007 is the MICR code of Himachal Pradesh State Coop Bank for Smaila branch. MICR code for Smaila 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 Smaila is presented in the table alongside.

Use of Himachal Pradesh Coop Bank MICR code for Smaila branch in sarkaghat

The MICR code 174311007 is used in RBI cheque clearing process to identify the branch Smaila 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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