MICR Code Bank
Find MICR code for Sindhudurga Bank branches in India for NEFT and RTGS transfer

Sindhudurga Bank MICR CODE

Find MICR Codes for Sindhudurga Bank

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  1. The Sindhudurga District Central COOP Bank Ltd »
  2. Maharashtra »
  3. malvan »
  4. sindhudurg »
  5. malvan

Find MICR Codes for Sindhudurga Bank

MICR Code: 416801126
Bank: The Sindhudurga District Central COOP Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Malvan
Contact: 252074
Bank Details: The Sindhudurga District Central COOP Bank Ltd Malvan SIDC0001009
Location: Sindhudurg, Malvan
City: Sindhudurg
District: Malvan
State: Maharashtra
Pincode: 416606
Country: IN
Address: At and post and tal malvan

How does MICR code for 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 of Sindhudurga COOP Bank, branch makes the system almost error free and faster. Use of Sindhudurga COOP Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Sindhudurga District Central COOP Bank Ltd are available with micr code

>>Malvan

MICR code for Sindhudurga Bank

Sindhudurga Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sindhudurga COOP Bank MICR code for 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. is the MICR code of Sindhudurga Central COOP Bank for branch. MICR code for 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 Sindhudurga COOP Bank is presented in the table alongside.

Use of Sindhudurga COOP Bank MICR code for branch in sindhudurg

The MICR code is used in RBI cheque clearing process to identify the branch and Sindhudurga COOP 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 Sindhudurga Central COOP Bank is typically in either of these two font’s: E-138 and CMC-7.