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Saraswat Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Saraswat Bank Delhi New Delhi New Delhi

MICR Code:
Bank: Saraswat Co-Op Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Lajpat Nagar Br
Contact: 011-26422100
Bank Details: Saraswat Co-Op Bank Ltd Lajpat Nagar Br SRCB0000230
Location: Delhi, New Delhi
City: Delhi
District: New Delhi
State: New Delhi
Pincode: 110024
Country: IN
Address: 20-a ring road, opp haldiram, lajpat nagar-4, new delhi-110024.
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 Saraswat Bank MICR Codes in new delhi

You can search through MICR Codes of New Delhi branches in delhi of District new delhi in New Delhi State by using the search box or you can browse through the table using the conrols at the bottom.

Saraswat Co-Op Bank Ltd branches with micr codes are available in 1 cities-

>>Delhi

How to find MICR codes for Saraswat Bank in delhi?

Saraswat Bank delhi MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Saraswat Cooperative Bank MICR codes list for delhi, one can further search by branch name specified in the table. You can find MICR codes for all Saraswat Bank delhi branches.

Saraswat Cooperative Bank MICR code in delhi

Saraswat Bank MICR code is a character recognition technology used by banks in the processing of cheques. Saraswat Cooperative Bank MICR code for delhi 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 Saraswat Co Op Bank branches in delhi, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

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