Surat District Bank Rayam Surat Gujarat MICR CODE

Find MICR Codes for Surat District Bank Rayam Surat Gujarat

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	The Surat District Co-Operative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Varad Branch
Contact	02622-255339
Bank Details	The Surat District Co-Operative Bank Ltd Varad Branch SDCB0000027

Location	Rayam, Surat
City	Rayam
District	Surat
State	Gujarat
Pincode	394355
Country	IN
Address	Tal-bardoli, surat-394355

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.

The Surat District Co-Operative Bank Ltd »
Gujarat »
Surat »
Rayam »
Varad Branch (0)

How does MICR code 0 for Varad 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 0 of Surat District Co Op Bank, Varad Branch branch makes the system almost error free and faster. Use of Surat District Co Op Bank MICR codes for Varad 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 -

>>Varad Branch

MICR code for Surat District Bank Varad 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 Varad 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. 0 is the MICR code of SUDICO Bank for Varad Branch branch. MICR code for Varad 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 Varad Branch is presented in the table alongside.

Use of Surat District Co Op Bank MICR code for Varad Branch branch in rayam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Varad 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.

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