Gujarat State Co Op Bank Ahmadabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Gujarat State Co Op Bank Ahmadabad Ahmedabad Gujarat

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	The Gujarat State Co-Operative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Progressive Mercantile Co.Op.Bank Ltd.
Contact	22135228
Bank Details	The Gujarat State Co-Operative Bank Ltd Progressive Mercantile Co.Op.Bank Ltd. GSCB0UPMCBL

Location	Ahmadabad, Ahmedabad
City	Ahmadabad
District	Ahmedabad
State	Gujarat
Pincode	380002
Country	IN
Address	Progressive mercatile co.op.bank ltd.,progressive bank bhavan,670/1,station road,ahmedabad-380 002.

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.

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Progressive Mercantile Co.Op.Bank Ltd. (0)

How does MICR code 0 for Progressive Mercantile Co.Op.Bank Ltd. 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 Gujarat Co-Operative Bank, Progressive Mercantile Co.Op.Bank Ltd. branch makes the system almost error free and faster. Use of Gujarat Co-Operative Bank MICR codes for Progressive Mercantile Co.Op.Bank Ltd. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of The Gujarat State Co-Operative Bank Ltd are available with micr code -

>>Progressive Mercantile Co.Op.Bank Ltd. >>Sardar Vallabhbhai Sahakari Bank Ltd >>The Bapunagar Mahila Co Operative Bank Ltd

MICR code for Gujarat State Co Op Bank Progressive Mercantile Co.Op.Bank Ltd.

Gujarat State Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Gujarat Co-Operative Bank MICR code for Progressive Mercantile Co.Op.Bank Ltd. 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 GSC Bank for Progressive Mercantile Co.Op.Bank Ltd. branch. MICR code for Progressive Mercantile Co.Op.Bank Ltd. 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 Gujarat Co-Operative Bank Progressive Mercantile Co.Op.Bank Ltd. is presented in the table alongside.

Use of Gujarat Co-Operative Bank MICR code for Progressive Mercantile Co.Op.Bank Ltd. branch in ahmadabad

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

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