Samarth Bank Solapur Solapur Maharashtra MICR CODE

Find MICR Codes for Samarth Bank Solapur Solapur Maharashtra

MICR Code: -NA-
Bank: Samarth Sahakari Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Rtgsho
Contact: 0
Bank Details: Samarth Sahakari Bank Ltd Rtgsho SBLS0000001
Location: Solapur, Solapur
City: Solapur
District: Solapur
State: Maharashtra
Pincode: 413007
Country: IN
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.

Search Samarth Bank MICR Codes in solapur

You can search through MICR Codes of Maharashtra branches in solapur of District solapur in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

Samarth Sahakari Bank Ltd branches with micr codes are available in 1 cities-


How to find MICR codes for Samarth Bank in solapur?

Samarth Bank solapur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Samarth Sahakari Bank MICR codes list for solapur, one can further search by branch name specified in the table. You can find MICR codes for all Samarth Bank solapur branches.

Samarth Sahakari Bank MICR code in solapur

Samarth Bank MICR code is a character recognition technology used by banks in the processing of cheques. Samarth Sahakari Bank MICR code for solapur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Samarth Bank branches in solapur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Samarth Bank MICR code for solapur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Samarth Bank solapur branch, sprinted 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. Thus MICR code for Samarth Sahakari Bank solapur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Samarth Bank MICR codes for solapur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!