Gayatri Bank Krishna Vijayawada Andhra Pradesh MICR CODE

Find MICR Codes for Gayatri Bank Krishna Vijayawada Andhra Pradesh

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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 Vijayawada Main
Contact 0-8500725680
Bank Details The Gayatri Co-Operative Urban Bank Ltd Vijayawada Main GABK0001050
Location Krishna, Vijayawada
City Krishna
District Vijayawada
State Andhra Pradesh
Pincode 520001
Country IN
Address 9-61-6, brp road, islampet, vijayawada town district krishna, andhra pradesh.
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 Vijayawada Main 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, Vijayawada Main branch makes the system almost error free and faster. Use of Gayatri Co-Op Bank MICR codes for Vijayawada Main 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 -

>>Vijayawada Main >>Vijayawada Town

MICR code for Gayatri Bank Vijayawada Main

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 Vijayawada Main 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 Vijayawada Main branch. MICR code for Vijayawada Main 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 Vijayawada Main is presented in the table alongside.

Use of Gayatri Co-Op Bank MICR code for Vijayawada Main branch in krishna

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