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Suco Bank Davanagere Channagiri Karnataka MICR CODE

Find MICR Codes for Suco Bank Davanagere Channagiri Karnataka

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
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 Suco Bank MICR Codes in channagiri

You can search through MICR Codes of Karnataka branches in davanagere of District channagiri in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

Suco Souharda Sahakari Bank Ltd branches with micr codes are available in 1 cities-


How to find MICR codes for Suco Bank in davanagere?

Suco Bank davanagere MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Suco Souharda Sahakari Bank Ltd MICR codes list for davanagere, one can further search by branch name specified in the table. You can find MICR codes for all Suco Bank davanagere branches.

Suco Souharda Sahakari Bank Ltd MICR code in davanagere

Suco Bank MICR code is a character recognition technology used by banks in the processing of cheques. Suco Souharda Sahakari Bank Ltd MICR code for davanagere 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 Suco Bank branches in davanagere, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Suco Bank MICR code for davanagere 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 Suco Bank davanagere 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 Suco Souharda Sahakari Bank Ltd davanagere branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Suco Bank MICR codes for davanagere branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!