SBI Ujjain Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for SBI Ujjain Ujjain Madhya Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Adb Khachrod
Contact Ip: 121023
Bank Details State Bank Of India Adb Khachrod SBIN0001981
Location Ujjain, Ujjain
City Ujjain
District Ujjain
State Madhya Pradesh
Pincode 456224
Country IN
Address Janpad panchayat bld distt ujjain madhya pradesh 456224
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 456002009 for Adb Khachrod 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 456002009 of State Bank Of India, Adb Khachrod branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Adb Khachrod branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Adb Khachrod

SBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of India MICR code for Adb Khachrod 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. 456002009 is the MICR code of SBI Bank for Adb Khachrod branch. MICR code for Adb Khachrod 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 State Bank Of India Adb Khachrod is presented in the table alongside.

Use of State Bank Of India MICR code for Adb Khachrod branch in ujjain

The MICR code 456002009 is used in RBI cheque clearing process to identify the branch Adb Khachrod and State Bank Of India 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 SBI Bank is typically in either of these two font’s: E-138 and CMC-7.

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