SBI Ahmadnagar Kolhar Maharashtra MICR CODE

Find MICR Codes for SBI Ahmadnagar Kolhar Maharashtra

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolhar
Contact 7875554284
Bank Details State Bank Of India Kolhar SBIN0018715
Location Ahmadnagar, Kolhar
City Ahmadnagar
District Kolhar
State Maharashtra
Pincode 414106
Country IN
Address Z.k. Market, near msrtc bus stand, kolhar, tal-rahata, dist. Ahmednagar, maharastra-413710
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 SBI MICR Codes in kolhar

You can search through MICR Codes of Maharashtra branches in ahmadnagar of District kolhar in Maharashtra 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 State Bank Of India are available with micr code -

>>Kolhar

How to find MICR codes for SBI in ahmadnagar?

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

State Bank Of India MICR code in ahmadnagar

SBI MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of India MICR code for ahmadnagar 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 SBI Bank branches in ahmadnagar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

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

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