SBI Baisi Purnea Bihar MICR CODE

Find MICR Codes for SBI Baisi Purnea Bihar

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MICR Code	854002603
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	Baisi
Contact	06454-214201
Bank Details	State Bank Of India Baisi SBIN0002907

Location	Baisi, Purnea
City	Baisi
District	Purnea
State	Bihar
Pincode	854315
Country	IN
Address	Dist, purnea, state, biharpin, 854315,

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 854002603 for Baisi 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 854002603 of State Bank Of India, Baisi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Baisi 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 -

>>Baisi

MICR code for SBI Baisi

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 Baisi 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. 854002603 is the MICR code of SBI Bank for Baisi branch. MICR code for Baisi 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 Baisi is presented in the table alongside.

Use of State Bank Of India MICR code for Baisi branch in baisi

The MICR code 854002603 is used in RBI cheque clearing process to identify the branch Baisi 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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