SBI Amalner Jalgaon Maharashtra MICR CODE

Find MICR Codes for SBI Amalner Jalgaon 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 Amalner
Contact 2587-223291,226992,222008 Ip-121135
Bank Details State Bank Of India Amalner SBIN0000309
Location Amalner, Jalgaon
City Amalner
District Jalgaon
State Maharashtra
Pincode 425401
Country IN
Address Station rd., pb no.3, amalner, jalgaon
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 425002301 for Amalner 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 425002301 of State Bank Of India, Amalner branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Amalner branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Amalner

MICR code for SBI Amalner

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 Amalner 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. 425002301 is the MICR code of SBI Bank for Amalner branch. MICR code for Amalner 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 Amalner is presented in the table alongside.

Use of State Bank Of India MICR code for Amalner branch in amalner

The MICR code 425002301 is used in RBI cheque clearing process to identify the branch Amalner 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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