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Surat District Bank Olpad Surat Gujarat MICR CODE

Find MICR Codes for Surat District Bank Olpad Surat Gujarat

Bank
State
District
City
Branch
Address

MICR Code	395244024
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	Olpad Branch
Contact	02621-222039
Bank Details	The Surat District Co-Operative Bank Ltd Olpad Branch SDCB0000005

Location	Olpad, Surat
City	Olpad
District	Surat
State	Gujarat
Pincode	394540
Country	IN
Address	Main road, (market), tal-olpad, surat-394540

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 »
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Olpad Branch (395244024)

How does MICR code 395244024 for Olpad 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 395244024 of Surat District Co Op Bank, Olpad Branch branch makes the system almost error free and faster. Use of Surat District Co Op Bank MICR codes for Olpad 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 -

>>Olpad Branch

MICR code for Surat District Bank Olpad 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 Olpad 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. 395244024 is the MICR code of SUDICO Bank for Olpad Branch branch. MICR code for Olpad 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 Olpad Branch is presented in the table alongside.

Use of Surat District Co Op Bank MICR code for Olpad Branch branch in olpad

The MICR code 395244024 is used in RBI cheque clearing process to identify the branch Olpad 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.