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Suco Bank Dharwad Hubli Karnataka MICR CODE

Find MICR Codes for Suco Bank Dharwad Hubli Karnataka

Bank
State
District
City
Branch
Address

MICR Code	580836002
Bank	Suco Souharda Sahakari Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hubli Branch
Contact	836-2362607
Bank Details	Suco Souharda Sahakari Bank Ltd Hubli Branch SUSB0000008

Location	Dharwad, Hubli
City	Dharwad
District	Hubli
State	Karnataka
Pincode	580028
Country	IN
Address	T s no 2121 a 1(p ) w no 03,kalammana agasi,hubli-580028

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 580836002 for Hubli Branch 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 580836002 of Suco Souharda Sahakari Bank Ltd, Hubli Branch branch makes the system almost error free and faster. Use of Suco Souharda Sahakari Bank Ltd MICR codes for Hubli Branch 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 -

>>Hubli Branch

MICR code for Suco Bank Hubli Branch

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 Hubli Branch 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. 580836002 is the MICR code of Suco Bank for Hubli Branch branch. MICR code for Hubli Branch 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 Hubli Branch is presented in the table alongside.

Use of Suco Souharda Sahakari Bank Ltd MICR code for Hubli Branch branch in dharwad

The MICR code 580836002 is used in RBI cheque clearing process to identify the branch Hubli 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.