Saraswat Bank Suryapet Suryapet Telangana MICR CODE

Find MICR Codes for Saraswat Bank Suryapet Suryapet Telangana

MICR Code
Bank Saraswat Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhadradri Coop Bank Ltdsuryapet Branch
Contact 0
Bank Details Saraswat Co-Op Bank Ltd Bhadradri Coop Bank Ltdsuryapet Branch SRCB0BCB014
Location Suryapet, Suryapet
City Suryapet
District Suryapet
State Telangana
Pincode 508213
Country IN
Address H.no.1-2-270/56/d, m.g road, suryapet- 508213
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 507808008 for Bhadradri Coop Bank Ltdsuryapet 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 507808008 of Saraswat Cooperative Bank, Bhadradri Coop Bank Ltdsuryapet Branch branch makes the system almost error free and faster. Use of Saraswat Cooperative Bank MICR codes for Bhadradri Coop Bank Ltdsuryapet Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Saraswat Co-Op Bank Ltd are available with micr code -

>>Bhadradri Coop Bank Ltdsuryapet Branch

MICR code for Saraswat Bank Bhadradri Coop Bank Ltdsuryapet Branch

Saraswat Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Saraswat Cooperative Bank MICR code for Bhadradri Coop Bank Ltdsuryapet 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. 507808008 is the MICR code of Saraswat Co Op Bank for Bhadradri Coop Bank Ltdsuryapet Branch branch. MICR code for Bhadradri Coop Bank Ltdsuryapet 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 Saraswat Cooperative Bank Bhadradri Coop Bank Ltdsuryapet Branch is presented in the table alongside.

Use of Saraswat Cooperative Bank MICR code for Bhadradri Coop Bank Ltdsuryapet Branch branch in suryapet

The MICR code 507808008 is used in RBI cheque clearing process to identify the branch Bhadradri Coop Bank Ltdsuryapet Branch and Saraswat Cooperative 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 Saraswat Co Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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