Gayatri Bank Yadadri Bhuvanagiri Alair Telangana MICR CODE

Find MICR Codes for Gayatri Bank Yadadri Bhuvanagiri Alair Telangana

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MICR Code
Bank The Gayatri Co-Operative Urban Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alair
Contact 0-9440017844
Bank Details The Gayatri Co-Operative Urban Bank Ltd Alair GABK0001043
Location Yadadri Bhuvanagiri, Alair
City Yadadri Bhuvanagiri
District Alair
State Telangana
Pincode 508101
Country IN
Address 14-89/1,near tsrtc bustand, alair, district yadadri bhuvanagiri
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 Alair 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 Gayatri Co-Op Bank, Alair branch makes the system almost error free and faster. Use of Gayatri Co-Op Bank MICR codes for Alair branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Gayatri Co-Operative Urban Bank Ltd are available with micr code -

>>Alair

MICR code for Gayatri Bank Alair

Gayatri Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Gayatri Co-Op Bank MICR code for Alair 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 The Gayatri Co-Operative Urban Bank Ltd for Alair branch. MICR code for Alair 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 Gayatri Co-Op Bank Alair is presented in the table alongside.

Use of Gayatri Co-Op Bank MICR code for Alair branch in yadadri bhuvanagiri

The MICR code 0 is used in RBI cheque clearing process to identify the branch Alair and Gayatri 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 The Gayatri Co-Operative Urban Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.

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