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Shri Veershaiv Co Operative Bank Limited Nipani Belgavi Karnataka MICR CODE

Find MICR Codes for Shri Veershaiv Co Operative Bank Limited Nipani Belgavi Karnataka

MICR Code:
Bank: Shri Veershaiv Co Op Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Nipani
Contact: 223145
Bank Details: Shri Veershaiv Co Op Bank Ltd Nipani SVSH0000030
Location: Nipani, Belgavi
City: Nipani
District: Belgavi
State: Karnataka
Pincode:
Country: IN
Address: Muncipal house no-743/52,id-11-2-501-16b,rani channama circle,ashoknagar nipani-591237
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 belgavi

You can search through MICR Codes of Karnataka branches in nipani of District belgavi in Karnataka 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 2 cities-

>>Belgavi >>Nipani

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

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

SVCB Bank MICR code in nipani

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 nipani 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 nipani, 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 nipani 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 nipani 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 nipani 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 nipani branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!