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The Banaskantha Mercantile Co. Operative Bank Ltd Palanpur Banaskantha Gujarat MICR CODE

Find MICR Codes for The Banaskantha Mercantile Co. Operative Bank Ltd Palanpur Banaskantha Gujarat

MICR Code
Bank The Banaskantha Mercantile Co. Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sardar Gunj
Contact 385001-7573031011
Bank Details The Banaskantha Mercantile Co. Operative Bank Ltd Sardar Gunj TBMC0001001
Location Palanpur, Banaskantha
City Palanpur
District Banaskantha
State Gujarat
Pincode 385001
Country IN
Address Old sardar ganj road,gathaman gate,palanpur-385001 dist,banaskantha,gujarat
MICR Code
Bank The Banaskantha Mercantile Co. Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ahmedabad Highway
Contact 385001-7573031012
Bank Details The Banaskantha Mercantile Co. Operative Bank Ltd Ahmedabad Highway TBMC0001002
Location Palanpur, Banaskantha
City Palanpur
District Banaskantha
State Gujarat
Pincode 385001
Country IN
Address Sakar complex,akeshan road,below bridge,palanpur-385001 dist,banaskantha,gujarat
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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 The Banaskantha Mercantile Co. Operative Bank Ltd MICR Codes in banaskantha

You can search through MICR Codes of Gujarat branches in palanpur of District banaskantha in Gujarat State by using the search box or you can browse through the table using the conrols at the bottom.

The Banaskantha Mercantile Co. Operative Bank Ltd branches with micr codes are available in 3 cities-

>>Deesa >>Iqbalgadh >>Palanpur

How to find MICR codes for The Banaskantha Mercantile Co. Operative Bank Ltd in palanpur?

The Banaskantha Mercantile Co. Operative Bank Ltd palanpur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Banaskantha Mercantile Bank MICR codes list for palanpur, one can further search by branch name specified in the table. You can find MICR codes for all The Banaskantha Mercantile Co. Operative Bank Ltd palanpur branches.

Banaskantha Mercantile Bank MICR code in palanpur

The Banaskantha Mercantile Co. Operative Bank Ltd MICR code is a character recognition technology used by banks in the processing of cheques. Banaskantha Mercantile Bank MICR code for palanpur 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 The Banaskantha Mercantile Co. Operative Bank Ltd branches in palanpur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

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