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Saraspur Nagrik Co Operative Bank Ltd Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Saraspur Nagrik Co Operative Bank Ltd Ahmedabad Ahmedabad Gujarat

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Saraspur Nagrik 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	Nikol Branch
Contact
Bank Details	Saraspur Nagrik Co operative Bank Ltd Nikol Branch SNBK0000012

Location	Ahmedabad, Ahmedabad
City	Ahmedabad
District	Ahmedabad
State	Gujarat
Pincode
Country	IN
Address	1,2 ground floor,shaym arcade bussiness hub,gangotri circle,nikol,ahmedabad

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 Nikol 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 0 of Saras Bank, Nikol Branch branch makes the system almost error free and faster. Use of Saras Bank MICR codes for Nikol Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Saraspur Nagrik Co operative Bank Ltd are available with micr code -

>>Amraiwadi Branch >>Gota Brach >>Kathwada Branch >>Memnagar Branch >>Nava Naroda Branch >>Navrangpura Branch >>Nikol Branch >>Ranip Branch >>Rtgsho >>Saraspur Branch >>Sola Branch >>Vastral Branch

MICR code for Saraspur Nagrik Co Operative Bank Ltd Nikol Branch

Saraspur Nagrik Co Operative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Saras Bank MICR code for Nikol 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. 0 is the MICR code of Saraspur Nagrik Co Operative Bank Ltd for Nikol Branch branch. MICR code for Nikol 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 Saras Bank Nikol Branch is presented in the table alongside.

Use of Saras Bank MICR code for Nikol Branch branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nikol Branch and Saras 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 Saraspur Nagrik Co Operative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.