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Smriti Nagrik Sahakari Bank Mandsaur Mandsaur Madhya Pradesh MICR CODE

Find MICR Codes for Smriti Nagrik Sahakari Bank Mandsaur Mandsaur Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Smriti Nagrik Sahakari Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gaushala Market
Contact	7422-403489
Bank Details	Smriti Nagrik Sahakari Bank Gaushala Market SMNB0000002

Location	Mandsaur, Mandsaur
City	Mandsaur
District	Mandsaur
State	Madhya Pradesh
Pincode
Country	IN
Address	Gaushala market,daya mandir raod

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 Gaushala Market 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 Smriti Bank, Gaushala Market branch makes the system almost error free and faster. Use of Smriti Bank MICR codes for Gaushala Market branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Smriti Nagrik Sahakari Bank are available with micr code -

>>Gaushala Market >>Krishi Upaj Mandi >>Rtgsho

MICR code for Smriti Nagrik Sahakari Bank Gaushala Market

Smriti Nagrik Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Smriti Bank MICR code for Gaushala Market 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 Smriti Nagrik Sahakari Bank for Gaushala Market branch. MICR code for Gaushala Market 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 Smriti Bank Gaushala Market is presented in the table alongside.

Use of Smriti Bank MICR code for Gaushala Market branch in mandsaur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gaushala Market and Smriti 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 Smriti Nagrik Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.