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Shri Veershaiv Co Operative Bank Limited Raichur Raichur Karnataka MICR CODE

Find MICR Codes for Shri Veershaiv Co Operative Bank Limited Raichur Raichur Karnataka

MICR Code:
Bank: Shri Veershaiv Co Op Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Raichur
Contact: 235915
Bank Details: Shri Veershaiv Co Op Bank Ltd Raichur SVSH0000029
Location: Raichur, Raichur
City: Raichur
District: Raichur
State: Karnataka
Pincode:
Country: IN
Address: Shop no-12-2-15,manchal building,gunj road,near gunj market raichur-584102
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 raichur

You can search through MICR Codes of Karnataka branches in raichur of District raichur 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 1 cities-

>>Raichur

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

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

SVCB Bank MICR code in raichur

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