SBI Baghima Surguja Chhattisgarh MICR CODE

Find MICR Codes for SBI Baghima Surguja Chhattisgarh

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MICR Code	497002281
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	Baghima(Parsagudi)
Contact	7832-272224
Bank Details	State Bank Of India Baghima(Parsagudi) SBIN0009261

Location	Baghima, Surguja
City	Baghima
District	Surguja
State	Chhattisgarh
Pincode	497118
Country	IN
Address	Teh rajpur distt sarguja, chhattisgarh 497118

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 497002281 for Baghima(Parsagudi) 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 497002281 of State Bank Of India, Baghima(Parsagudi) branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Baghima(Parsagudi) 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 -

>>Baghima(Parsagudi)

MICR code for SBI Baghima(Parsagudi)

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 Baghima(Parsagudi) 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. 497002281 is the MICR code of SBI Bank for Baghima(Parsagudi) branch. MICR code for Baghima(Parsagudi) 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 Baghima(Parsagudi) is presented in the table alongside.

Use of State Bank Of India MICR code for Baghima(Parsagudi) branch in baghima

The MICR code 497002281 is used in RBI cheque clearing process to identify the branch Baghima(Parsagudi) 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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