SBI Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for SBI Amritsar Amritsar Punjab

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MICR Code	-NA-
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	Amritsar Ranjit Avenue
Contact	2507772
Bank Details	State Bank Of India Amritsar Ranjit Avenue SBIN0051405

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143001
Country	IN
Address	Sco no 53 district shopping complex ranjit avenue amritsar 143001

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 0 for Amritsar Ranjit Avenue 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 0 of State Bank Of India, Amritsar Ranjit Avenue branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Amritsar Ranjit Avenue branch, makes the characters readable even if there are other marks and stamps on it.

A total of 64 branches of State Bank Of India are available with micr code -

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MICR code for SBI Amritsar Ranjit Avenue

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 Amritsar Ranjit Avenue 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. 0 is the MICR code of SBI Bank for Amritsar Ranjit Avenue branch. MICR code for Amritsar Ranjit Avenue 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 Amritsar Ranjit Avenue is presented in the table alongside.

Use of State Bank Of India MICR code for Amritsar Ranjit Avenue branch in amritsar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Amritsar Ranjit Avenue 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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