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Surat District Bank Sayan Surat Gujarat MICR CODE

Find MICR Codes for Surat District Bank Sayan Surat Gujarat

MICR Code
Bank The Surat District Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sayan Branch
Contact 02621-242134
Bank Details The Surat District Co-Operative Bank Ltd Sayan Branch SDCB0000023
Location Sayan, Surat
City Sayan
District Surat
State Gujarat
Pincode 394130
Country IN
Address Shanti complex, tal-olpad, surat-394130
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 395244023 for Sayan 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 395244023 of Surat District Co Op Bank, Sayan Branch branch makes the system almost error free and faster. Use of Surat District Co Op Bank MICR codes for Sayan Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Surat District Co-Operative Bank Ltd are available with micr code -

>>Sayan Branch

MICR code for Surat District Bank Sayan Branch

Surat District Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Surat District Co Op Bank MICR code for Sayan 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. 395244023 is the MICR code of SUDICO Bank for Sayan Branch branch. MICR code for Sayan 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 Surat District Co Op Bank Sayan Branch is presented in the table alongside.

Use of Surat District Co Op Bank MICR code for Sayan Branch branch in sayan

The MICR code 395244023 is used in RBI cheque clearing process to identify the branch Sayan Branch and Surat District Co Op 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 SUDICO Bank is typically in either of these two font’s: E-138 and CMC-7.