Gujarat State Co Op Bank Bhavnagar Bhavnagar Gujarat MICR CODE

Find MICR Codes for Gujarat State Co Op Bank Bhavnagar Bhavnagar Gujarat

Bank
State
District
City
Branch
Address

MICR Code	364803002
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	Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch
Contact	278-2520197
Bank Details	The Gujarat State Co-Operative Bank Ltd Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch GSCB0USMC03

Location	Bhavnagar, Bhavnagar
City	Bhavnagar
District	Bhavnagar
State	Gujarat
Pincode
Country	IN
Address	Hari darshan complex, opp- vitthalwadi petrol pump, shastrinagar, bhavnagar

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 364803002 for Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch 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 364803002 of Gujarat Co-Operative Bank, Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch branch makes the system almost error free and faster. Use of Gujarat Co-Operative Bank MICR codes for Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of The Gujarat State Co-Operative Bank Ltd are available with micr code -

MICR code for Gujarat State Co Op Bank Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch

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 Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch 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. 364803002 is the MICR code of GSC Bank for Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch branch. MICR code for Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch 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 Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch is presented in the table alongside.

Use of Gujarat Co-Operative Bank MICR code for Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch branch in bhavnagar

The MICR code 364803002 is used in RBI cheque clearing process to identify the branch Sihor Mercantile Coop. Bank Ltd. Shastrinagar Branch 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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