SBI Badlapur Thane Maharashtra MICR CODE

Find MICR Codes for SBI Badlapur Thane Maharashtra

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MICR Code	400002143
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	Badlapur Ind Est
Contact	022-2690003 Ip 112685
Bank Details	State Bank Of India Badlapur Ind Est SBIN0007452

Location	Badlapur, Thane
City	Badlapur
District	Thane
State	Maharashtra
Pincode	421503
Country	IN
Address	Shed no w by 68 midc area, po kulgaon, ulhasnagar, thane

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 400002143 for Badlapur Ind Est 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 400002143 of State Bank Of India, Badlapur Ind Est branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Badlapur Ind Est branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Badlapur >>Badlapur Ind Est

MICR code for SBI Badlapur Ind Est

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 Badlapur Ind Est 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. 400002143 is the MICR code of SBI Bank for Badlapur Ind Est branch. MICR code for Badlapur Ind Est 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 Badlapur Ind Est is presented in the table alongside.

Use of State Bank Of India MICR code for Badlapur Ind Est branch in badlapur

The MICR code 400002143 is used in RBI cheque clearing process to identify the branch Badlapur Ind Est 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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