Let Others Know
×
LinkedIn
Email
WhatsApp

Gujarat State Co Op Bank Palanpur Banaskantha Gujarat MICR CODE

Find MICR Codes for Gujarat State Co Op Bank Palanpur Banaskantha Gujarat

MICR Code
Bank The Gujarat State Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banaskantha District Central Co Op. Bank Ltd.
Contact 02742-255212;9427064949;Banasbank@yahoo.In
Bank Details The Gujarat State Co-Operative Bank Ltd Banaskantha District Central Co Op. Bank Ltd. GSCB0BKD001
Location Palanpur, Banaskantha
City Palanpur
District Banaskantha
State Gujarat
Pincode 385001
Country IN
Address Banaskantha district central co-op. Bank ltd., banas bhavan, disa highway, palanpur - 385001
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 Gujarat State Co Op Bank 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.

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

>>Banaskantha District Central Co Op. Bank Ltd.

How to find MICR codes for Gujarat State Co Op Bank in palanpur?

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

Gujarat Co-Operative Bank MICR code in palanpur

Gujarat State Co Op Bank MICR code is a character recognition technology used by banks in the processing of cheques. Gujarat Co-Operative 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 GSC Bank 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 GSC Bank 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 Gujarat State Co Op Bank 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 Gujarat Co-Operative Bank palanpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of GSC Bank 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!