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Shivalik Small Finance Bank Haridwar Haridwar Uttrakhand MICR CODE

Find MICR Codes for Shivalik Small Finance Bank Haridwar Haridwar Uttrakhand

MICR Code
Bank Shivalik Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Haridwar
Contact 0-9958891100
Bank Details Shivalik Small Finance Bank Haridwar SMCB0001033
Location Haridwar, Haridwar
City Haridwar
District Haridwar
State Uttrakhand
Pincode 249407
Country IN
Address 1.ground floor,plot no-1-2,new haridwar colony,ranipur more,haridwar,- 249407 uttarakhand
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 Haridwar 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 Shivalik Small Finance Bank, Haridwar branch makes the system almost error free and faster. Use of Shivalik Small Finance Bank MICR codes for Haridwar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Shivalik Small Finance Bank are available with micr code -

>>Haridwar

MICR code for Shivalik Small Finance Bank Haridwar

Shivalik Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Shivalik Small Finance Bank MICR code for Haridwar 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 Shivalik Small Finance Bank for Haridwar branch. MICR code for Haridwar 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 Shivalik Small Finance Bank Haridwar is presented in the table alongside.

Use of Shivalik Small Finance Bank MICR code for Haridwar branch in haridwar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Haridwar and Shivalik Small Finance 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 Shivalik Small Finance Bank is typically in either of these two font’s: E-138 and CMC-7.