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

Suco Bank MICR CODE

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  1. Suco Souharda Sahakari Bank Ltd »
  2. Karnataka »
  3. channagiri »
  4. davanagere »
  5. channagiri

Find MICR Codes for Suco Bank

MICR Code: 577836003
Bank: Suco Souharda Sahakari Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Channagiri
Contact: 8189-298023
Bank Details: Suco Souharda Sahakari Bank Ltd Channagiri SUSB0000023
Location: Davanagere, Channagiri
City: Davanagere
District: Channagiri
State: Karnataka
Pincode: 582113
Country: IN
Address: Marula siddeshwara complex,ward no.7,assessment no.2650,channagiri-582113

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

A total of 1 branches of Suco Souharda Sahakari Bank Ltd are available with micr code

>>Channagiri

MICR code for Suco Bank

Suco Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Suco Souharda Sahakari Bank Ltd 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 Suco 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 Suco Souharda Sahakari Bank Ltd is presented in the table alongside.

Use of Suco Souharda Sahakari Bank Ltd MICR code for branch in davanagere

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