Gayatri Bank Bhadradri Kothagudem Yellandu Telangana MICR CODE

Find MICR Codes for Gayatri Bank Bhadradri Kothagudem Yellandu 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 Yellandu
Contact 0-8500726180
Bank Details The Gayatri Co-Operative Urban Bank Ltd Yellandu GABK0001055
Location Bhadradri Kothagudem, Yellandu
City Bhadradri Kothagudem
District Yellandu
State Telangana
Pincode 507123
Country IN
Address 2-5-56, aam bazar, yellandu district bhadradri kothagudem
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 Yellandu 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, Yellandu branch makes the system almost error free and faster. Use of Gayatri Co-Op Bank MICR codes for Yellandu 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 -

>>Yellandu

MICR code for Gayatri Bank Yellandu

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

Use of Gayatri Co-Op Bank MICR code for Yellandu branch in bhadradri kothagudem

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