SBI Ambabana Bargah Orissa MICR CODE

Find MICR Codes for SBI Ambabana Bargah Orissa

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambabana Sab
Contact 06646-268913
Bank Details State Bank Of India Ambabana Sab SBIN0009656
Location Ambabana, Bargah
City Ambabana
District Bargah
State Orissa
Pincode 768031
Country IN
Address Dist bargarh,orissa 768031
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 768002059 for Ambabana Sab 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 768002059 of State Bank Of India, Ambabana Sab branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ambabana Sab 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 -

>>Ambabana Sab

MICR code for SBI Ambabana Sab

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 Ambabana Sab 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. 768002059 is the MICR code of SBI Bank for Ambabana Sab branch. MICR code for Ambabana Sab 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 Ambabana Sab is presented in the table alongside.

Use of State Bank Of India MICR code for Ambabana Sab branch in ambabana

The MICR code 768002059 is used in RBI cheque clearing process to identify the branch Ambabana Sab 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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