Gayatri Bank Mancherial Naspur Telangana MICR CODE

Find MICR Codes for Gayatri Bank Mancherial Naspur 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 Naspur
Contact 0-8500726194
Bank Details The Gayatri Co-Operative Urban Bank Ltd Naspur GABK0001058
Location Mancherial, Naspur
City Mancherial
District Naspur
State Telangana
Pincode 504208
Country IN
Address 8-44, ramnagar, naspur colony, district mancherial, 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 Naspur 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, Naspur branch makes the system almost error free and faster. Use of Gayatri Co-Op Bank MICR codes for Naspur 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 -

>>Naspur

MICR code for Gayatri Bank Naspur

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 Naspur 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 Naspur branch. MICR code for Naspur 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 Naspur is presented in the table alongside.

Use of Gayatri Co-Op Bank MICR code for Naspur branch in mancherial

The MICR code 0 is used in RBI cheque clearing process to identify the branch Naspur 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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