SBI Asola Pati Hingoli Maharashtra MICR CODE

Find MICR Codes for SBI Asola Pati Hingoli 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 Asola Traf Aundha
Contact 9022659802
Bank Details State Bank Of India Asola Traf Aundha SBIN0018967
Location Asola Pati, Hingoli
City Asola Pati
District Hingoli
State Maharashtra
Pincode 431705
Country IN
Address Ghuge complex, asola pati, tq. Aundha nagnath, distt. Hingoli, mh-431705
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 Asola Traf Aundha 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, Asola Traf Aundha branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Asola Traf Aundha 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 -

>>Asola Traf Aundha

MICR code for SBI Asola Traf Aundha

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 Asola Traf Aundha 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 Asola Traf Aundha branch. MICR code for Asola Traf Aundha 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 Asola Traf Aundha is presented in the table alongside.

Use of State Bank Of India MICR code for Asola Traf Aundha branch in asola pati

The MICR code 0 is used in RBI cheque clearing process to identify the branch Asola Traf Aundha 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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