|
|
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, branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Anjaneya Nagar Hyderabad >>Ao Cyberabad >>As Rao Nagar Secunderabadd >>Ashok Nagar >>Balanagar >>Balkampet >>Barkas >>Bison Shopping Arcade >>Boduppal >>Cac Adilabad >>Cac Bongir >>Cac Mahabubnagar >>Cac Wanaparthy >>Capc Hyderabad >>Capc Warangal >>Chirec Avenue Kondapur >>Chunnambattiwada >>Dilsukh Nagar >>Disaster Recovery Centre Drc Hyderabad >>District Sales Hub Hyderabad >>District Sales Hub Ibrahimpatnam >>District Sales Hub Secunderabad >>Funds Settlement Link Office Telangana >>Gaddaregadi >>Gandipet >>Goc Hyderabad >>Gopanapally >>Green Hills Colony Hyderabad >>Gundlapochampally >>Hafeezpet >>Hmt Swarnapuri Colony >>Home Loan Centre Kokapet >>Htc Nallagandla Road >>Hyderabad Madhapur >>Income Tax Colony Hyderabad >>Kamala Nagar Hyderabad >>Kattedan >>Kokapet >>Kukatpally >>Lalapet >>Lingapur >>Madhuranagar >>Malaysian Township >>Mallampet >>Miccorporate Branch Hyderabad >>Mid Corporate Branch Hyderabad >>Mokila >>Nagarkurnool >>Nallagandla >>New Market Malakpet >>Parvathapur >>Platinum Branch Hyderabad >>Proactive Risk Management Department >>Racpc Moula Ali >>Racpc Sangareddy >>Racpchyderabad >>Rasmec Kompally >>Regional Business Office Ramachandrapuram >>Rock Town Nagole Road >>Sbi Global Trade Finance Centre Kolkata >>Sbi Kangti >>Sbiintouch Begumpet >>Sbiintouch Himayatnagar >>Sbiintouch Jntu Circle >>Sbiintouch Sindhi Colony >>Sbiintouchlite Hyderabad >>Sbild Hyderabad >>Sbild Secunderabad >>Scab Gachibowli >>Sme Balkampet >>Sme Branch Parishram Bhavan >>Sme Branch R P Road Bible House >>Sme Rbo Hyderabad >>Sme Yellareddyguda >>Smec Hyderabad >>Smecc Cyberabad >>Somaji Guda Hyderabad >>Somajiguda >>Specialized Startup Hub Branch >>Sri Venkateswara Colony >>Stressed Assets Management Branch Hyderabad >>Tallapet >>Tulsinagar Kukatpally >>Venkatagiri >>Y Junction
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 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 branch. MICR code for 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 is presented in the table alongside.
The MICR code 0 is used in RBI cheque clearing process to identify the branch 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.