Cosmos Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Cosmos Bank Vadodara Vadodara Gujarat

Bank
State
District
City
Branch
Address

MICR Code	390164007
Bank	Cosmos Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sama Road
Contact	Mr. Patel Bakulbhai, Manager, Ph.No.0265-3248713
Bank Details	Cosmos Co-Op Bank Ltd Sama Road COSB0000067

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390008
Country	IN
Address	1-4, rajlaxmi society abhilasha char rasta, baroda 390008

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 390164007 for Sama Road 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 390164007 of Cosmos Cooperative Bank, Sama Road branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for Sama Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Kothipole >>Productivity Road >>Sama Road >>Subhanpura >>Vip Road >>Waghodia Road

MICR code for Cosmos Bank Sama Road

Cosmos Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Cosmos Cooperative Bank MICR code for Sama Road 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. 390164007 is the MICR code of Cosmos Bank for Sama Road branch. MICR code for Sama Road 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 Cosmos Cooperative Bank Sama Road is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for Sama Road branch in vadodara

The MICR code 390164007 is used in RBI cheque clearing process to identify the branch Sama Road and Cosmos Cooperative 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 Cosmos Bank is typically in either of these two font’s: E-138 and CMC-7.

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