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Shri Veershaiv Co Operative Bank Limited Kagal Kolhapur Maharashtra MICR CODE

Find MICR Codes for Shri Veershaiv Co Operative Bank Limited Kagal Kolhapur Maharashtra

MICR Code
Bank Shri Veershaiv Co Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kagal
Contact 244021
Bank Details Shri Veershaiv Co Op Bank Ltd Kagal SVSH0000014
Location Kagal, Kolhapur
City Kagal
District Kolhapur
State Maharashtra
Pincode 416216
Country IN
Address Viraj city kagal,near bhuyekar petrol pump,kagal-416216
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 Shri Veershaiv Co Operative Bank Limited MICR Codes in kolhapur

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

Shri Veershaiv Co Op Bank Ltd branches with micr codes are available in 12 cities-

>>Gadhinglaj >>Gargoti >>Halkarni >>Ichalkaranji >>Jaysingpur >>Kagal >>Kale >>Kolhapur >>Malkapur >>Peth Vadgaon >>Rashivade >>Rendal

How to find MICR codes for Shri Veershaiv Co Operative Bank Limited in kagal?

Shri Veershaiv Co Operative Bank Limited kagal MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From SVCB Bank MICR codes list for kagal, one can further search by branch name specified in the table. You can find MICR codes for all Shri Veershaiv Co Operative Bank Limited kagal branches.

SVCB Bank MICR code in kagal

Shri Veershaiv Co Operative Bank Limited MICR code is a character recognition technology used by banks in the processing of cheques. SVCB Bank MICR code for kagal 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 Shri Veershaiv Co Operative Bank Limited branches in kagal, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Shri Veershaiv Co Operative Bank Limited MICR code for kagal 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 Shri Veershaiv Co Operative Bank Limited kagal 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 SVCB Bank kagal branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Shri Veershaiv Co Operative Bank Limited MICR codes for kagal branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!