SBER Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for SBER Bank New Delhi New Delhi New Delhi

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	110720001
Bank	SBER Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sberbank
Contact	011-40048888
Bank Details	SBER Bank Sberbank SABR0000001

Location	New Delhi, New Delhi
City	New Delhi
District	New Delhi
State	New Delhi
Pincode	110001
Country	IN
Address	Ugf, gopal das bhawan, 28, barakhamba road, new delhi-110001

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.

How does MICR code 110720001 for Sberbank 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 110720001 of SBER, Sberbank branch makes the system almost error free and faster. Use of SBER MICR codes for Sberbank branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of SBER Bank are available with micr code -

>>Sberbank

MICR code for SBER Bank Sberbank

SBER Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SBER MICR code for Sberbank 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. 110720001 is the MICR code of SBER Bank for Sberbank branch. MICR code for Sberbank 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 SBER Sberbank is presented in the table alongside.

Use of SBER MICR code for Sberbank branch in new delhi

The MICR code 110720001 is used in RBI cheque clearing process to identify the branch Sberbank and SBER 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 SBER Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!