SBI Balagaon Kokrajhar Assam MICR CODE

Find MICR Codes for SBI Balagaon Kokrajhar Assam

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balagaon
Contact 03661-271272
Bank Details State Bank Of India Balagaon SBIN0007379
Location Balagaon, Kokrajhar
City Balagaon
District Kokrajhar
State Assam
Pincode 783370
Country IN
Address Dist, kokrajharstate, assampin, 783370,
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 783002303 for Balagaon 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 783002303 of State Bank Of India, Balagaon branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Balagaon 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 -

>>Balagaon

MICR code for SBI Balagaon

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 Balagaon 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. 783002303 is the MICR code of SBI Bank for Balagaon branch. MICR code for Balagaon 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 Balagaon is presented in the table alongside.

Use of State Bank Of India MICR code for Balagaon branch in balagaon

The MICR code 783002303 is used in RBI cheque clearing process to identify the branch Balagaon 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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