Gayatri Bank Karimnagar Karimnagar Telangana MICR CODE

Find MICR Codes for Gayatri Bank Karimnagar Karimnagar Telangana

↻ Reload
MICR Code
Bank The Gayatri Co-Operative Urban Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karimnagar Town
Contact 0-8985310849
Bank Details The Gayatri Co-Operative Urban Bank Ltd Karimnagar Town GABK0001026
Location Karimnagar, Karimnagar
City Karimnagar
District Karimnagar
State Telangana
Pincode 505001
Country IN
Address Csc building, tower circle, karimnagar, district karimnagar, telangana state.
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 Karimnagar Town 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, Karimnagar Town branch makes the system almost error free and faster. Use of Gayatri Co-Op Bank MICR codes for Karimnagar Town branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of The Gayatri Co-Operative Urban Bank Ltd are available with micr code -

>>Karimnagar >>Karimnagar Town

MICR code for Gayatri Bank Karimnagar Town

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 Karimnagar Town 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 Karimnagar Town branch. MICR code for Karimnagar Town 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 Karimnagar Town is presented in the table alongside.

Use of Gayatri Co-Op Bank MICR code for Karimnagar Town branch in karimnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Karimnagar Town 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.

Copied!