SBI Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for SBI Ahmedabad Ahmedabad Gujarat

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MICR Code	380002094
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ahmedabad Stock Exchange
Contact	Bm 9427329841
Bank Details	State Bank Of India Ahmedabad Stock Exchange SBIN0010868

Location	Ahmedabad, Ahmedabad
City	Ahmedabad
District	Ahmedabad
State	Gujarat
Pincode	380015
Country	IN
Address	Dist ahmedabadstate gujarat

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 380002094 for Ahmedabad Stock Exchange 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 380002094 of State Bank Of India, Ahmedabad Stock Exchange branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ahmedabad Stock Exchange branch, makes the characters readable even if there are other marks and stamps on it.

A total of 191 branches of State Bank Of India are available with micr code -

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MICR code for SBI Ahmedabad Stock Exchange

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 Ahmedabad Stock Exchange 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. 380002094 is the MICR code of SBI Bank for Ahmedabad Stock Exchange branch. MICR code for Ahmedabad Stock Exchange 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 Ahmedabad Stock Exchange is presented in the table alongside.

Use of State Bank Of India MICR code for Ahmedabad Stock Exchange branch in ahmedabad

The MICR code 380002094 is used in RBI cheque clearing process to identify the branch Ahmedabad Stock Exchange 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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